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Europe’s economy continues to gain momentum – Stainless Espresso

Apr 24, 2024 | Stainless Espresso

24 April 2024 – Europe’s economy is gaining momentum. This is shown by the recent surprisingly strong purchasing managers’ indices. And Israel is discussing a draft law to introduce restrictions on the export of iron and steel scrap. Source

German chief investigator in financial scandal throws in the towel – Stainless Espresso

Apr 23, 2024 | Stainless Espresso

23 April 2024 – The chief investigator in one of Germany’s biggest financial scandals has thrown in the towel, disillusioned. Reason: unwillingness to clarify the situation in German politics. Is the same now threatening to happen in Brussels with the...

Nickel: China wants to buy raw material for state stocks? – Stainless Espresso

Apr 22, 2024 | Stainless Espresso

22 April 2024 – Nickel scarcer than expected, are state stockpiles coming? Rumors from China cause nickel prices on the SHFE to jump. Copper prices near 10,000 USD/MT mark. And 92% higher aluminum imports to China compared to the same period last year....

Nickel prices jump over USD 19,000 mark – Stainless Espresso

Apr 19, 2024 | Stainless Espresso

19 April 2024 – Nickel prices broke through the USD 19,000 mark at the start of trading on the LME today (Friday) and are currently up by more than 3.5%. And stainless steel prices in Asia continue to rise in response to the current market situation....

Stainless steel prices in Asia robust and rising – Stainless Espresso

Apr 18, 2024 | Stainless Espresso

18 Apri 2024 – Stainless steel prices in Asia are robust and rising due to a significant market recovery. Supply situation in some markets remains tense. And the reporting season starts in Asia. Significant earnings growth expected for IT, utilities and raw...
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Gerber Steel South-West

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