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Nickel export ban: Will the EU cave in to Indonesia? – Stainless Espresso

Jun 6, 2024 | Stainless Espresso

6 June 2024 – Does the EU have its back to the wall on nickel? According to Indonesian media reports, the EU appears to be slowly caving in to the Indonesian nickel export ban, leading to the suspicion that it is desperately seeking suppliers and other sources...

Current nickel volatility as a result of profit taking? – Stainless Espresso

Jun 5, 2024 | Stainless Espresso

5 June 2024 – Nickel is once again extremely volatile. Is price volatility due to classic profit-taking by investing market players? In our opinion, there is a lot to be said for it. But why is that the case? And the FED is expected to announce its current...

LME nickel stocks artificially high? – Stainless Espresso

Jun 4, 2024 | Stainless Espresso

4 June 2024 – The allegedly rising nickel stocks on the British commodity exchange LME are often used as an argument for the alleged abundance of nickel. But where do the almost 30% of the LME’s current on-warrant stocks actually come from? Source

Asian stocks rise in the run-up to first interest rate cuts – Stainless Espresso

Jun 3, 2024 | Stainless Espresso

3 June 2024 – Asian stock markets have reacted with substantial gains and positive sentiment ahead of a very likely first interest rate cut by the European Central Bank this week. Will Germany once again be exiling incumbent members of government to Brussels in...

EU submits Steel Safeguard decision to WTO – Stainless Espresso

May 31, 2024 | Stainless Espresso

31 May 2024 – The EU Safeguard measure against certain steel products will be extended until mid-2026, according to the Commission. The purely politically motivated decision was already submitted to the WTO on Tuesday. The EU anti-dumping measure against...

Spanish stainless steel mill is not coming to rest – Stainless Espresso

May 30, 2024 | Stainless Espresso

30 May 2024 – The stainless steel mill under strike in Spain is not coming to rest. Group management has now announced new measures, adding fuel to the fire. Rising prices for stainless steel scrap and stainless steel products expected for June 2024....
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Gerber Steel South-West

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