Nov 8, 2024 | Stainless Espresso
8 November 2024 – Nickel prices on the LME and SHFE rose significantly again on Thursday and Friday. Stainless steel prices are also benefiting from the rise in nickel. And on Thursday, the US Federal Reserve cut interest rates for the second time in a row....
Nov 7, 2024 | Stainless Espresso
7 November 2024 – Shortly after Donald Trump’s victory in the U.S. presidential election, the German Chancellor undignifiedly throws his Finance Minister Christian Lindner out of the government. But instead of calling a vote of confidence and opening the...
Nov 6, 2024 | Stainless Espresso
6 November 2024 – According to media reports, the Indonesian government could be on the verge of introducing new export bans on raw materials. Nickel spot market prices and futures on SHFE are rising. And stock futures react with gains to the outcome of the U.S....
Nov 5, 2024 | Stainless Espresso
5 November 2024 – The production data recently published by the Chinese government and an improved demand outlook have caused aluminum prices to rise further. And in Asia, the stock markets showed some significant gains on Tuesday, especially in China....
Nov 4, 2024 | Stainless Espresso
4 November 2024 – According to the Mineral and Coal Program Development at the Indonesian Ministry of Energy and Mineral Resources, Indonesia’s nickel reserves could be depleted in just under five years. Nickel and stainless steel scrap prices up in Asia...
Nov 1, 2024 | Stainless Espresso
1 November 2024 – Nickel prices on the LME rose significantly at the start of trading on Friday. Price increases are also being reported from Asia for almost all base metals, including nickel. And Taiwanese stainless steel producers have raised their prices for...