German automotive sector on recovery course – Stainless Espresso

Feb 28, 2024 | Stainless Espresso

28 February 2024 – The German automotive industry has recovered significantly since the end of the pandemic. Exports have developed particularly positively for car manufacturers. And the UK Trade Remedies Authority has announced that it will maintain the...

Stainless steel and scrap prices continue to rise – Stainless Espresso

Feb 27, 2024 | Stainless Espresso

27 February 2024 – Prices for cold-rolled stainless steel continued to rise on the Chinese spot market today. Rally in stainless steel scrap: Prices up more than 5% in just a few days. And boom in luxury stocks: European market on the upswing. Source

We are fed up! A clear message to Brussels – Stainless Espresso

Feb 26, 2024 | Stainless Espresso

26 February 2024 – Thorsten Gerber, entrepreneur from Germany, sends a clear message to the European Commission in Brussels and the rampant bureaucratic madness there. At the same time, he calls on small and medium-sized businesses to finally show courage and...

Strike at Spanish stainless steel mill continues – Stainless Espresso

Feb 23, 2024 | Stainless Espresso

February 23, 2024 – The indefinite strike at Spanish stainless steel manufacturer Acerinox is now almost in its fourth week. No end in sight yet. Delivery times in the EU stainless steel market are increasing significantly. And Asian nickel price jumps upwards,...

European nickel prices continue to rise – Stainless Espresso

Feb 22, 2024 | Stainless Espresso

22 February 2024 – Nickel prices on the European commodity exchange LME climbed to over USD 17,000/MT today, having already risen by more than 3.5% on Wednesday. And the new EU sanctions package, which was only agreed “in principle” yesterday,...