Oct 8, 2024 | Stainless Espresso
8 October 2024 – The board crisis at German steel giant Thyssenkrupp Steel Europe is barely halfway over when the Duisburg-based steelmaker’s prestigious green direct reduction plant project comes under scrutiny – there is even open speculation that...
Oct 7, 2024 | Stainless Espresso
7 October 2024 – A major Indonesian stainless steel mill is raising its prices again. Nickel remains at a high level. And analysts see commodity markets positively strengthened by FED interest rate cut. Source
Oct 4, 2024 | Stainless Espresso
4 October 2024 – Aluminium has been in short supply for months, which has driven prices up so much that the LME commodity exchange has been watching them much more closely than usual for a few days now. And resistance to possible EU punitive tariffs from German...
Oct 3, 2024 | Stainless Espresso
3 October 2024 – Nickel prices on the LME commodity exchange closed yesterday at over USD 18,000/MT. Today, Thursday, the price is already at around USD 18,200/MT. We take a look at the possible reasons for the rapid price rise. Source
Oct 2, 2024 | Stainless Espresso
2 October 2024 – Canada finally announced yesterday that the surtax of 25% on steel, stainless steel and aluminum products originating from China will be introduced as planned from mid-October 2024. The German Federal Minister of Economics is coming under...
Oct 1, 2024 | Stainless Espresso
1 October 2024 – Due to the ongoing nickel ore shortage in Indonesia, China’s largest producer is cutting its ferronickel production. And how is the global raw material situation for stainless steel developing and what impact will this have on the fourth...
