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Is Finnish stainless steel mill now also failing? – Stainless Espresso

Mar 8, 2024 | Stainless Espresso

8 March 2024 – The next wave of strikes will hit EU member Finland from Monday: Will the stainless steel maker Outokumpu now also be out of action for weeks? And nickel prices exceed USD 18,000/MT – contrary to all prophecies of doom. Source

Strike at stainless steel maker Acerinox continues irreconcilably – Stainless Espresso

Mar 7, 2024 | Stainless Espresso

7 March 2024 – The strike at Spanish stainless steel manufacturer Acerinox has been going on for 31 days and there is still no end in sight. A possible round of negotiations yesterday (Wednesday) has been cancelled. What happens now? And the commodity markets...

Anti-circumvention: EC impresses with cluelessness – Stainless Espresso

Mar 6, 2024 | Stainless Espresso

6 March 2024 – The preliminary results of the European Commission’s anti-circumvention investigations into stainless steel from Indonesia via Taiwan, Turkey and Vietnam once again show the EC’s already criminal cluelessness with regard to the...

Stainless steel anti-circumvention: EC preliminary results – Stainless Espresso

Mar 5, 2024 | Stainless Espresso

5 March 2024 – The European Commission today announced the preliminary results of the two ongoing anti-circumvention proceedings against cold rolled stainless steel from Indonesia via Taiwan, Turkey and Vietnam. An official announcement of the results is...

Economy on the rise: Global stock index reaches record high – Stainless Espresso

Mar 5, 2024 | Stainless Espresso

5 March 2024 – There is good news for the global economy at the start of March: the MSCI All Country World Index, a benchmark for global stock markets, has reached a historic high after an impressive rise of more than four per cent in February. And Japan is on...

Nickel ore inventories in China fall significantly – Stainless Espresso

Mar 4, 2024 | Stainless Espresso

4 March 2024 – Chinese nickel ore stocks have fallen significantly by almost 24% since the end of 2023. Analysts are already speculating on a surprising deficit for 2024. And the German DAX share index is on the hunt for records, reaching a new high last Friday....
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