Apr 18, 2024 | Stainless Espresso
18 Apri 2024 – Stainless steel prices in Asia are robust and rising due to a significant market recovery. Supply situation in some markets remains tense. And the reporting season starts in Asia. Significant earnings growth expected for IT, utilities and raw...
Apr 17, 2024 | Stainless Espresso
17 April 2024 – The Chinese economy grew more strongly than expected in the first quarter of 2024. Among other things, this has had an impact on iron ore prices, which continued their upward trend today. Source
Apr 16, 2024 | Stainless Espresso
16 April 2024 – Scarce availability of Indonesian and Philippine nickel ore leads to empty warehouses at Asian smelters. Impact on nickel pig iron (NPI) to be expected soon? Aluminum prices have recovered significantly since mid-2023. And a critical comment on...
Apr 15, 2024 | Stainless Espresso
15 April 2024 – US and UK sanction Russian raw materials and ban sales on LME and CME. Will the reluctant EU now also join these new sanctions? Nickel and aluminium in particular jump significantly at the start of trading on the LME. Source
Apr 12, 2024 | Stainless Espresso
12 April 2024 – Things are not going well in von der Leyen’s state. Not only the EU public prosecutor’s office and its corruption hunters are after her, but also the EU Parliament. It has now slammed the Commission President for her favouritism. And...
Apr 11, 2024 | Stainless Espresso
11 April 2024 – Large nickel mines and processors in Brazil and New Caledonia are not calming down. In New Caledonia, protests over nickel aid from France turn violent. In the United States, delivery times for stainless steel are now also lengthening. And the...
