May 15, 2024 | Stainless Espresso
15 May 2024 – Global steel demand picks up. Steel prices for May and partly for June already raised. US government increases Section 301 punitive tariffs against Chinese steel and aluminium imports. And the global purchasing managers’ index climbs into the...
May 14, 2024 | Stainless Espresso
14 May 2024 – Prices for Asian ferronickel and ferrochrome remained strong and stable in May. The ongoing nickel ore shortage in Indonesia is having an impact on ferronickel prices. Ferrochrome prices in China are mainly driven by a significant increase in...
May 13, 2024 | Stainless Espresso
13 May 2024 – According to a recent correction in the forecast by the International Nickel Study Group (INSG), the global surplus in nickel production will shrink dramatically in 2024, while consumption will at least remain the same. High-quality class 1 nickel...
May 10, 2024 | Stainless Espresso
10 May 2024 – Nickel and copper prices rose by up to 2.6% and 1.5% respectively in today’s trading on the Asian SHFE. However, the other base metals were also robust or up. And the reporting season in Europe is showing: Earnings growth is on the rise....
May 8, 2024 | Stainless Espresso
8 May 2024 – Ferrous scrap prices in the EU remain very robust. Stainless steel scrap continues its upward trend. And anti-circumvention results for cold rolled stainless steel bring significantly more transparency to the supply chain. Source
