Investment professionals are back in equities – Stainless Espresso

Jun 20, 2024 | Stainless Espresso

20 June 2024 – The mood among professional investors continues to improve. They are holding less cash than they have for three years. And the parties in the UK want to boost the construction industry again. Source

India fails again with EU Safeguard exemption – Stainless Espresso

Jun 18, 2024 | Stainless Espresso

18 June 2024 – India has again failed in its negotiations with the EU for an exemption from the EU Safeguard Measure on certain steel products. EU Job Poker: No agreement yet, Von der Leyen still fears for her job. Source

EU and UK stock markets start the week on a positive note – Stainless Espresso

Jun 17, 2024 | Stainless Espresso

17 June 2024 – The stock markets in the European Union and the United Kingdom got off to a positive start to the week. The Bank of England’s latest interest rate decision is due on Thursday. And Goldman Sachs is significantly raising its year-end target...

Indonesian stainless steel cold rolling mill stops production – Stainless Espresso

Jun 14, 2024 | Stainless Espresso

14 June 2024 – A major Indonesian stainless steel cold rolling mill has announced that it will suspend production for several months. There has been another serious explosion in a nickel smelter in Indonesia’s Morowali Industrial Park and chrome ore and...

Italian stainless steel manufacturer wants to buy German tube mill – Stainless Espresso

Jun 13, 2024 | Stainless Espresso

13 June 2024 – The Italian stainless steel manufacturer Cogne Acciai Speciali wants to take over a large German tube producer. The European Commission has today opened the necessary procedure for the proposed transaction to fall under the Merger Regulation. And...