Apr 30, 2024 | Stainless Espresso
30 April 2024 – The ECB is expected to cut interest rates for the first time at the beginning of June 2024 despite a slight increase in inflation data. Chinese property stocks provide positive impetus. And the EPP Christian Democrats show once again what...
Apr 29, 2024 | Stainless Espresso
29 April 2024 – 20% of the ailing steel group Thyssenkrupp Steel Europe is to be sold to an investor from the Czech Republic. Is this the end of communist trade union rule? The FDP lead candidate for the upcoming European elections, Marie-Agnes...
Apr 26, 2024 | Stainless Espresso
26 April 2024 – German steel production emerges from the vale of tears and more than doubles in some cases. In China, stocks of steel products are emptying. And Taiwan expects a sustained upward trend for stainless steel. Source
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...
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
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...
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....
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....
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...
Apr 17, 2024 | Stainless Espresso
17 April 2024 – The Chinese economy grew more strongly than expected in the first quarter of 2024. Among other things, this has had an impact on iron ore prices, which continued their upward trend today. Source
