Oct 9, 2024 | Stainless Espresso
9 October 2024- Asian nickel prices remain stable and resilient, even though the market wanted more details on the Chinese stimulus programme. Global Forum on Steel Excess Capacity: EUROFER calls for more market protection immediately. Source
Oct 8, 2024 | Stainless Espresso
8 October 2024 – The board crisis at German steel giant Thyssenkrupp Steel Europe is barely halfway over when the Duisburg-based steelmaker’s prestigious green direct reduction plant project comes under scrutiny – there is even open speculation that...
Oct 7, 2024 | Stainless Espresso
7 October 2024 – A major Indonesian stainless steel mill is raising its prices again. Nickel remains at a high level. And analysts see commodity markets positively strengthened by FED interest rate cut. Source
Oct 4, 2024 | Stainless Espresso
4 October 2024 – Aluminium has been in short supply for months, which has driven prices up so much that the LME commodity exchange has been watching them much more closely than usual for a few days now. And resistance to possible EU punitive tariffs from German...
Oct 3, 2024 | Stainless Espresso
3 October 2024 – Nickel prices on the LME commodity exchange closed yesterday at over USD 18,000/MT. Today, Thursday, the price is already at around USD 18,200/MT. We take a look at the possible reasons for the rapid price rise. Source
Oct 2, 2024 | Stainless Espresso
2 October 2024 – Canada finally announced yesterday that the surtax of 25% on steel, stainless steel and aluminum products originating from China will be introduced as planned from mid-October 2024. The German Federal Minister of Economics is coming under...
