Oct 3, 2024 | Stainless Espresso
3 October 2024 – Nickel prices on the LME commodity exchange closed yesterday at over USD 18,000/MT. Today, Thursday, the price is already at around USD 18,200/MT. We take a look at the possible reasons for the rapid price rise. Source
Oct 2, 2024 | Stainless Espresso
2 October 2024 – Canada finally announced yesterday that the surtax of 25% on steel, stainless steel and aluminum products originating from China will be introduced as planned from mid-October 2024. The German Federal Minister of Economics is coming under...
Oct 1, 2024 | Stainless Espresso
1 October 2024 – Due to the ongoing nickel ore shortage in Indonesia, China’s largest producer is cutting its ferronickel production. And how is the global raw material situation for stainless steel developing and what impact will this have on the fourth...
Sep 30, 2024 | Stainless Espresso
30 September 2024 – Nickel prices on the Asian commodity exchange SHFE rose sharply on Monday with a whopping gain of more than 3.2%. Stainless steel prices in China rose in response. Aluminium: Is the European Union rattling its sabre at Russia again or will...
Sep 27, 2024 | Stainless Espresso
27 September 2024 – The euphoria on China’s stock markets continues due to positive stimulus signals from government circles. Iron ore prices rise by more than 4.5% on Friday. Nickel on the LME on its way to the USD 17,000/MT mark. And Russia is preparing...
Sep 26, 2024 | Stainless Espresso
September 26, 2024 – According to several Indonesian media reports, Western countries are actively running a smear campaign against Indonesian nickel in an attempt to regain lost market share. And Asian stock markets continue to be buoyed by Chinese stimulus on...
