WTO members sharply criticise EU Safeguard Review – Stainless Espresso

Apr 25, 2024 | Stainless Espresso

25 April 2024 – Several WTO members have recently criticised the current EU Safeguard Review on certain steel products, in some cases sharply. And the German ifo Business Climate Index points to significantly more optimism in the economy – for the third...

Europe’s economy continues to gain momentum – Stainless Espresso

Apr 24, 2024 | Stainless Espresso

24 April 2024 – Europe’s economy is gaining momentum. This is shown by the recent surprisingly strong purchasing managers’ indices. And Israel is discussing a draft law to introduce restrictions on the export of iron and steel scrap. Source

German chief investigator in financial scandal throws in the towel – Stainless Espresso

Apr 23, 2024 | Stainless Espresso

23 April 2024 – The chief investigator in one of Germany’s biggest financial scandals has thrown in the towel, disillusioned. Reason: unwillingness to clarify the situation in German politics. Is the same now threatening to happen in Brussels with the...

Nickel: China wants to buy raw material for state stocks? – Stainless Espresso

Apr 22, 2024 | Stainless Espresso

22 April 2024 – Nickel scarcer than expected, are state stockpiles coming? Rumors from China cause nickel prices on the SHFE to jump. Copper prices near 10,000 USD/MT mark. And 92% higher aluminum imports to China compared to the same period last year....

Nickel prices jump over USD 19,000 mark – Stainless Espresso

Apr 19, 2024 | Stainless Espresso

19 April 2024 – Nickel prices broke through the USD 19,000 mark at the start of trading on the LME today (Friday) and are currently up by more than 3.5%. And stainless steel prices in Asia continue to rise in response to the current market situation....

Stainless steel prices in Asia robust and rising – Stainless Espresso

Apr 18, 2024 | Stainless Espresso

18 Apri 2024 – Stainless steel prices in Asia are robust and rising due to a significant market recovery. Supply situation in some markets remains tense. And the reporting season starts in Asia. Significant earnings growth expected for IT, utilities and raw...