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Iron ore and steel prices up in Asia on Monday – Stainless Espresso

Oct 28, 2024 | Stainless Espresso

October 28, 2024 – Iron ore and steel prices in Asia rose today (Monday) on the back of more positive market sentiment. Asian stocks are also joining the more optimistic outlook, posting gains at the start of the week. Source

Asian bauxite prices continue to rise – Stainless Espresso

Oct 25, 2024 | Stainless Espresso

25 October 2024 – Asian bauxite prices have risen again this week. There seems to be no end in sight to the price rally for the essential aluminium raw material. German Finance Minister Christian Lindner (FDP) is on a confrontational course with the German...

Steel crisis in focus at EP Plenary debate: Who suffers most from these statements? – Stainless Cappuccino

Oct 25, 2024 | Stainless Espresso

25 October 2024 – We followed with great interest the debate ‘Tackling the steel crisis: boosting competitive and sustainable European steel and maintaining quality jobs’ in the EU Parliament on 23 October 2024. We were struck by the statements made by some...

How the German Chancellor wilfully ignores the SME sector – Stainless Espresso

Oct 24, 2024 | Stainless Espresso

24 October 2024 – German Chancellor Olaf Scholz’s ignorance and forgetfulness are notorious. The fact that he is now also wilfully ignoring the driving force behind the German economy – small and medium-sized enterprises from industry and the skilled...

LME aluminium inventories down 33% – Stainless Espresso

Oct 23, 2024 | Stainless Espresso

23 October 2024 – Aluminium stocks on the LME have been in free fall for several months and have now collapsed by more than 33% – causing prices to rise. And Thorsten Gerber, CEO of the Gerber Group, invited to talks at the EU Parliament in Strasbourg. The...

Rising stainless steel prices expected in Taiwan – Stainless Espresso

Oct 22, 2024 | Stainless Espresso

22 October 2024 – Rising stainless steel prices expected in Taiwan due to high raw material costs. Increased European demand for NPI and slabs from Asia continues. And the European Parliament agrees with the EU Commission on closer cooperation. Source
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