EU stainless steel strikes: No end in sight? – Stainless Espresso

Apr 9, 2024 | Stainless Espresso

9 April 2024 – There still seems to be no end in sight to the EU stainless steel strikes. Finnish company releases striking employees and slams the door in their faces. Production backlog of flat rolled stainless steel in the EU already at more than 200,000 MT?...

thyssenkrupp: And every day the groundhog greets the groundhog – Stainless Espresso

Apr 8, 2024 | Stainless Espresso

8 April 2024 – The German steel group thyssenkrupp Steel Europe is regularly spinning the tale of job cuts through the political halls. This begs the question: When is the Group actually going to start behaving like a real commercial enterprise and earning...

EU corruption hunters are now officially investigating von der Leyen – Stainless Espresso

Apr 5, 2024 | Stainless Espresso

5 April 2024 – In the middle of the election campaign for this year’s EU parliamentary elections, the EU corruption hunters are launching an investigation into Commission President Ursula von der Leyen. Is her own party now calling on her to abandon the...

Is Spanish stainless steel mill now facing closure? – Stainless Espresso

Apr 4, 2024 | Stainless Espresso

4 April 2024 – The fronts in the strike at a well-known Spanish stainless steel manufacturer, which has been going on for almost 60 days, are hardening more and more. The company is now even threatening to close the plant completely if necessary. And the US...

Positive mood in China: Caixin PMI at highest level in 10 months – Stainless Espresso

Apr 3, 2024 | Stainless Espresso

3 April 2024 – The Caixin PMI has risen for the fifth month in a row, reaching its highest level in almost a year. The Chinese economy is in a good mood. LME copper stocks have fallen by almost 33% since January. New trouble for Mrs von der Leyen: European...