LME nickel shows further volatility – Stainless Espresso
29 June 2023 – The nickel shows volatile, after the court hearing around the manipulations on the LME. Now comes the multimillion dollar damages? Tesla with record second quarter sales in China, but booming Chinese e-vehicle market continues to eat Tesla’s...
The bulls are taking over Wall Street again – Stainless Espresso
28 June 2023 – On Wall Street, the bulls take over again after strong US economic data. US manufacturing orders are up in May. Consumer confidence rises to its highest level since the beginning of 2022, and spending on leisure and entertainment increases again,...
India must withdraw WTO cases against Section 232 and others – Stainless Espresso
27 June 2023 – While India is still celebrating a supposed victory in the negotiations with the US government on the Section 232 tariffs, there could soon be a sense of gloom on the Indian side. After all, India got nothing in the end. Now official: The EU...
European energy prices down to early 2022 levels – Stainless Espresso
26 June 2023 – Good news for the manufacturing sector in Europe. Energy costs have fallen by more than 60% in some cases compared to the previous year. EU has adopted the 11th sanctions package against Russia. And for companies, it is a good idea to make sure...