Sep 30, 2024 | Stainless Espresso
30 September 2024 – Nickel prices on the Asian commodity exchange SHFE rose sharply on Monday with a whopping gain of more than 3.2%. Stainless steel prices in China rose in response. Aluminium: Is the European Union rattling its sabre at Russia again or will...
Sep 27, 2024 | Stainless Espresso
27 September 2024 – The euphoria on China’s stock markets continues due to positive stimulus signals from government circles. Iron ore prices rise by more than 4.5% on Friday. Nickel on the LME on its way to the USD 17,000/MT mark. And Russia is preparing...
Sep 26, 2024 | Stainless Espresso
September 26, 2024 – According to several Indonesian media reports, Western countries are actively running a smear campaign against Indonesian nickel in an attempt to regain lost market share. And Asian stock markets continue to be buoyed by Chinese stimulus on...
Sep 25, 2024 | Stainless Espresso
September 25, 2024 – The European Commission, which is still in office, presented its Market Protection Report for 2023 yesterday, Wednesday. The report makes it all too clear that the Von der Leyen I Commission is continuing its inflation-fueling and...
Sep 24, 2024 | Stainless Espresso
24 September 2024 – Asian stock markets reacted today to a stimulus program recently announced by the Chinese government with gains of more than 4% in some cases. And Canadian steel producers are urging their own government to hurry up with the introduction of...
Sep 23, 2024 | Stainless Espresso
23 September 2024 – The Chinese steel market continues to consolidate and appears to be entering a phase of concentration in which smaller and less profitable manufacturers are being acquired in a targeted manner. Will Europe soon follow this trend? And India...