Jun 14, 2024 | Stainless Espresso
14 June 2024 – A major Indonesian stainless steel cold rolling mill has announced that it will suspend production for several months. There has been another serious explosion in a nickel smelter in Indonesia’s Morowali Industrial Park and chrome ore and...
Jun 13, 2024 | Stainless Espresso
13 June 2024 – The Italian stainless steel manufacturer Cogne Acciai Speciali wants to take over a large German tube producer. The European Commission has today opened the necessary procedure for the proposed transaction to fall under the Merger Regulation. And...
Jun 12, 2024 | Stainless Espresso
12 June 2024 – Indonesian deposits of high-grade nickel ore are currently expected to be exhausted by 2029. Ore for stainless steel production already has to be imported from the Philippines. Now the Indonesian government is apparently considering withdrawing...
Jun 11, 2024 | Stainless Espresso
11 June 2024 – Managing with dual voting rights does not seem to be good for the thyssenkrupp Group. The share has already lost more than 40% of its value since November 2023. The most recent personnel matter has now had to be decided with a crowbar again, which...
Jun 10, 2024 | Stainless Espresso
10 June 2024 – Aluminium emerged as the winner among base metals last week – supported by sanctions and shortages. And ‘Business as usual…’ has been clearly rejected by voters in the European elections. Especially in France and Germany. Self-proclaimed...
Jun 7, 2024 | Stainless Espresso
7 June 2024 – Chinese exports increased by 7.6% in May, continuing their rise for the second month in a row. And the ECB has announced the expected first interest rate cut and revised expected economic growth upwards. Source
