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...
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
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...
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....
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
Nov 27, 2024 | Stainless Espresso
27 November 2024 – In the fight against the escalating influence of the EU steel lobby, Thorsten Gerber, CEO of the Gerber Group, has once again met with members of the European Parliament and called for a restriction of the power of steel manufacturers in the...