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European nickel prices continue to rise – Stainless Espresso

Feb 22, 2024 | Stainless Espresso

22 February 2024 – Nickel prices on the European commodity exchange LME climbed to over USD 17,000/MT today, having already risen by more than 3.5% on Wednesday. And the new EU sanctions package, which was only agreed “in principle” yesterday,...

New US sanctions? Nickel and aluminum prices jump upwards – Stainless Espresso

Feb 21, 2024 | Stainless Espresso

21 February 2024 – The prospect of new US sanctions against Russia indicates to market participants that aluminum and nickel could now also be sanctioned, causing prices on the commodity exchanges to rise significantly in some cases. And nickel pig iron is...

Asian stainless steel scrap prices jump up to 4.7% – Stainless Espresso

Feb 20, 2024 | Stainless Espresso

20 February 2024 – Asian prices for stainless steel scrap jumped on Tuesday. In some cases by up to 4.7%. European foreign ministers agree on joint naval mission in the Red Sea. The most modern German air defense frigate has already arrived in Greece....

What a second term in office with von der Leyen could mean – Stainless Espresso

Feb 19, 2024 | Stainless Espresso

19 February 2024 – EU Commission President Ursula von der Leyen is openly considering a second term in office. But apart from favoritism, billions for consultants, accusations of corruption and a lack of transparency, what else is left? And in Asia, the Year of...

USITC extends antidumping against stainless steel from India – Stainless Espresso

Feb 16, 2024 | Stainless Espresso

16 February 2024 – The United States International Trade Commission (USITC) has again extended the antidumping measure against stainless steel from India for 5 years. And caution: Imported material is not only FOB prices for stainless steel. Source

Energy prices in the EU continue to fall – Stainless Espresso

Feb 15, 2024 | Stainless Espresso

15 February 2024 – Energy prices in the EU have continued to fall. Natural gas prices were recently at the same level as in autumn 2018 and at their lowest level since June 2023. Electricity prices were also more than 60% lower in December 2023 than in the...
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