Nickel shortage already greater than previously assumed? – Stainless Espresso

May 24, 2024 | Stainless Espresso

24 May 2024 – The shortage of processed nickel may already be significantly higher than previously assumed. At least according to figures from recent media reports, which indicate a 30% increase in the nickel supply gap for March 2024. And the sentiment...

Profit taking: Raw materials take a breather – Stainless Espresso

May 23, 2024 | Stainless Espresso

23 May 2024 – Profit-taking has led to slight to moderate price corrections in raw materials such as copper, nickel and aluminum. Overall, however, base metals remain at a significantly higher level. And China imported 38% more stainless steel in the first five...

Will the sale of thyssenkrupp’s steel division fail again? – Stainless Espresso

May 22, 2024 | Stainless Espresso

22 May 2024 – Will the potential sale of thyssenkrupp’s steel division fail again due to the billions in pension provisions weighing on the Group? There are many indications that this is the case and it is not the first time a tkSE CEO has come under...

Alloy surcharges for June will increase significantly – Stainless Espresso

May 21, 2024 | Stainless Espresso

21 May 2024 – The stainless steel alloy surcharges for June 2024 will increase significantly. This is not only shown by the substantially higher nickel and molybdenum prices, but also by the first publications from stainless steel mills. Dispute over...

Nickel prices jump above USD 21,000 mark – Stainless Espresso

May 17, 2024 | Stainless Espresso

17 May 2024 – Nickel prices on the LME and the Asian SHFE have risen significantly in recent days. In the meantime, the price of the battery and stainless steel raw material has already exceeded USD 21,000 per tonne again. And the ZEW economic expectations for...

Is EC using higher US tariffs as an argument for Safeguard? – Stainless Espresso

May 16, 2024 | Stainless Espresso

16 May 2024 – Is the US government’s announcement of higher tariffs on steel and aluminium imports from China just what the Commission President, who is under suspicion of corruption, needs as an argument to support the Safeguard extension? And the...