Jul 12, 2024 | Stainless Espresso
12 July 2024 – Inflationary pressure in the US eased more than expected in June. This opens the door for possible interest rate cuts in 2024. The UK economy is growing more strongly than expected. And the CDU/CSU group in the EPP parliamentary group in the...
Jul 11, 2024 | Stainless Espresso
11 July 2024 – Mexico and the United States have recently agreed to tighten Section 232 tariffs on steel and aluminum products originating in Mexico. And China has further restricted steel production with blast furnaces and is increasingly relying on EAF...
Jul 10, 2024 | Stainless Espresso
10 July 2024 – Reporting season: The outlook for small and medium-sized US companies (SMEs) in the second quarter looks good with earnings growth of up to 20%. These could be even higher for the second half of the year. And Indonesian nickel smelters still have...
Jul 9, 2024 | Stainless Espresso
9 July 2024 – The Indian government has made ISI marking mandatory for certain stainless steel and aluminium products. As recently as June 2024, a possible case of customs fraud with fake BIS certificates for stainless steel in India caused a stir. And the...
Jul 8, 2024 | Stainless Espresso
8 July 2024 – A major Southeast Asian stainless steel manufacturer has announced price increases. The Japanese economy is on course for growth. And the LME delists two nickel brands from Finnish producer Norilsk Nickel Harjavalta Oy. Source
Jul 5, 2024 | Stainless Espresso
5 July 2024 – Stainless steel futures on Asia’s SHFE have risen for the second week in a row. And iron ore prices on the DCE have risen by more than 4.5% this week. Source
