Aug 9, 2024 | Stainless Espresso
9 August 2024 – Nickel prices in Asia rose by up to 2.5% in some cases on Friday. Nickel prices are also rising on the LME today. And after a significant improvement in sentiment on the US stock markets on Thursday, the Asian markets followed suit on Friday....
Aug 8, 2024 | Stainless Espresso
8 August 2024 – The EU Commission has today initiated anti-dumping proceedings against HRCs from Egypt, India, Japan and Vietnam. Is this again targeting Vietnam in particular? Indonesia wants to ban construction of new coal-fired power plants for nickel...
Aug 7, 2024 | Stainless Espresso
7 August 2024 – The latest WTO annual report forecasts a further increase in world trade for 2024 and also for 2025. Will a new EU anti-dumping investigation against HRC imports be launched in August? And an opinion: LME must urgently adjust nickel stocks...
Aug 6, 2024 | Stainless Espresso
6 August 2024 – The Japanese Nikkei 225 Index jumped by more than 10% on Tuesday. Many other stock indices also showed a very favourable trend today. High-grade nickel reserves in Indonesia to be depleted in around 13 years – Indonesian government suspends...
Aug 5, 2024 | Stainless Espresso
5 August 2024 – Despite what we see as a consolidation of the stock markets, nickel pig iron (NPI), an important raw material for stainless steel production, is robust and continues to show a clear upward trend. And the EU CBAM authority is once again proving...
Aug 2, 2024 | Stainless Espresso
2 August 2024 – Prices for nickel ore and NPI from Indonesia have risen significantly since the beginning of the year. Prices have risen by almost 50%, particularly for laterite nickel ore with a high nickel content. And a turnaround in key interest rates in...
