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EU stainless steel prices continue to rise due to scarce availability – Stainless Espresso

Mar 25, 2024 | Stainless Espresso

25 March 2024 – Stainless steel prices in the EU continue to rise. Scarce availability meets growing demand. And European steel consumers are starting to fight back against domestic steel producers and their demands for ever more market protection. Is Brussels...

Sentiment indicator: Spring in the EU Purchasing Managers’ Index? – Stainless Espresso

Mar 22, 2024 | Stainless Espresso

22 March 2024 – The important Purchasing Managers’ Index in the eurozone rises for the third month in a row. And is the EU Critical Raw Material Act once again based on the assumption of false data? Source

The battle for Russian aluminium continues – Stainless Espresso

Mar 21, 2024 | Stainless Espresso

21 March 2024 – The battle to extend EU sanctions to Russian raw aluminium continues with sometimes contradictory reports. And the US Federal Reserve is signalling optimism for the domestic economy. Source

Chinese ferrochrome and iron ore prices rise – Stainless Espresso

Mar 20, 2024 | Stainless Espresso

20 March 2024 – Prices for ferrochrome and iron ore rose significantly in China yesterday. At the same time, Chinese online retailers are reporting a sharp rise in consumer demand and the Bank of Japan is ending the negative interest rate era after 17 years....

Steel tensions: US warns EU against reviving WTO complaints – Stainless Espresso

Mar 19, 2024 | Stainless Espresso

March 19, 2024 – The US government has warned the European Commission against reviving WTO disputes over steel. Is the EC deliberately provoking the United States? Growing shortage: Copper prices have risen by almost 15% since fall 2023. Source

EU supply chain regulation: von der Leyen’s bureaucratic legacy continues to grow – Stainless Espresso

Mar 18, 2024 | Stainless Espresso

18 March 2024 – Is the EU Supply Chain Regulation a foul compromise that bypasses the EU Parliament? And just another election campaign gift for the EU Commission President? And strikes at EU stainless steel manufacturers continue. Source
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Gerber Steel South-West

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