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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....

German steel giant facing more drastic changes? – Stainless Espresso

Mar 1, 2024 | Stainless Espresso

1 March 2024 – Is the German steel giant thyssenkrupp Steel Europe once again facing drastic changes? Are capacity cuts on the way? Familiar trade union circles are already drawing horror scenarios. What will happen to the 2 billion euros in subsidies from...

Nickel: Another personal gamble or back in investors’ focus? – Stainless Espresso

Feb 29, 2024 | Stainless Espresso

29 February 2024 – Is the much-maligned nickel back in the focus of investors? Or is Chinese gambling at work again? There is no denying that there is currently a flood of reports and analyses attempting to influence the nickel price. Source

German automotive sector on recovery course – Stainless Espresso

Feb 28, 2024 | Stainless Espresso

28 February 2024 – The German automotive industry has recovered significantly since the end of the pandemic. Exports have developed particularly positively for car manufacturers. And the UK Trade Remedies Authority has announced that it will maintain the...

Stainless steel and scrap prices continue to rise – Stainless Espresso

Feb 27, 2024 | Stainless Espresso

27 February 2024 – Prices for cold-rolled stainless steel continued to rise on the Chinese spot market today. Rally in stainless steel scrap: Prices up more than 5% in just a few days. And boom in luxury stocks: European market on the upswing. Source
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