Nov 20, 2024 | Stainless Espresso
20 November 2024 – Nickel prices on the SHFE rose by around 1.8% on Wednesday. Nickel on the LME also rose significantly at the start of trading. Reports of falling nickel mining quotas are coming from Indonesia. And iron ore prices in China continued to rise on...
Nov 19, 2024 | Stainless Espresso
19 November 2024 – The Chinese government has scrapped the export tax rebates of 13% for aluminum and copper. But photovoltaics and batteries will also have lower export rebates in future. And Asian iron ore prices rose again today (Tuesday), in some cases by...
Nov 18, 2024 | Stainless Espresso
18 November 2024 – Latest economic data from China suggests a welcome recovery in economic momentum. Particularly noteworthy is a stabilization in the real estate sector, which should also have an impact on iron ore prices. Nickel prices in Asia also showed a...
Nov 15, 2024 | Stainless Espresso
15 November 2024 – EU steel producers continue to call for a scrap export ban that goes beyond the new EU Waste Shipment Regulation. If they get their way, the entrepreneurial freedom and competitiveness of the EU recycling industry, which is dominated by small...
Nov 14, 2024 | Stainless Espresso
14 November 2024 – A recent report from Sweden justifiably criticises the green steel transparency of European steel producers. The industry in Brazil reports rising profits. And freight rates from Asia to Europe are rising. Source
Nov 13, 2024 | Stainless Espresso
13 November 2024 – The EU Steel Action Plan, which is currently being heavily promoted by the steel lobby, is clearly threatening the competitiveness of small and medium-sized enterprises. The fact that the European Economic and Social Committee (EESC) is now...
Nov 12, 2024 | Stainless Espresso
12 November 2024 – Western stainless steel mills dominated by large European corporations, both in Europe itself and in the United States, are once again crying out for more market protection, a level playing field and subsidies. But is this even justified and...
Nov 11, 2024 | Stainless Espresso
Once again, the Indonesian government has warned of the end of nickel reserves in the country and called for them to be conserved and new deposits to be sought. Will the end of nickel reserves come sooner than expected? And the US stock markets can benefit...
Nov 8, 2024 | Stainless Espresso
The political statement by Thorsten Gerber, CEO Gerber Group, on the current government crisis in Germany. Source
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....
