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US economy impresses with strength – Stainless Espresso

Dec 5, 2024 | Stainless Espresso

5 December 2024 – The latest economic data from the US points to continued stability and momentum. And the German share index DAX continues to hold near its recent record level. Source

EU Commission to look for Steel Safeguard successor – Stainless Espresso

Dec 4, 2024 | Stainless Espresso

4 December 2024 – The EU Commission wants to look for a successor to the EU Safeguard measure on certain steel products, which expires in July 2026, and thus continue to put the steel processing industry in Europe at a considerable competitive disadvantage. Base...

Japan’s economy recovering: industry and retail trade surprise positively – Stainless Espresso

Dec 3, 2024 | Stainless Espresso

3 December 2024 – Japan’s economy is in good spirits and on the road to recovery, as the latest industrial and retail data show. And Dalian iron ore futures reach two-month high on stimulus optimism and steelmaker restocking. Source

Credit growth in the eurozone continues to pick up – Stainless Espresso

Dec 2, 2024 | Stainless Espresso

2 December 2024 – Companies and households ensure renewed credit growth in the eurozone. Further increase expected for 2025. And the EU Commission wants to set up a task force to implement the Draghi Report in order to improve the competitiveness of domestic...

German steel giant: Dispute over possible job cuts – Stainless Espresso

Nov 29, 2024 | Stainless Espresso

29 November 2024 – The air is once again thick at Germany’s largest steel manufacturer in Duisburg. The corporation wants to push through reforms and has already threatened to cut jobs several times this year. Now the trade unions are opposing these plans....

Nickel price positive despite US Thanksgiving holiday – Stainless Espresso

Nov 28, 2024 | Stainless Espresso

28 November 2024 – Nickel prices in Asia and Europe were friendly despite today’s US Thanksgiving holiday. Iron ore prices on SGX up more than 7.3% since mid-November. And S&P 500 on track for success: records and positive outlook. Source
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Gerber Steel South-West

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Lower Saxony, Germany

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