Oct 28, 2024 | Stainless Espresso
October 28, 2024 – Iron ore and steel prices in Asia rose today (Monday) on the back of more positive market sentiment. Asian stocks are also joining the more optimistic outlook, posting gains at the start of the week. Source
Oct 25, 2024 | Stainless Espresso
25 October 2024 – Asian bauxite prices have risen again this week. There seems to be no end in sight to the price rally for the essential aluminium raw material. German Finance Minister Christian Lindner (FDP) is on a confrontational course with the German...
Oct 25, 2024 | Stainless Espresso
25 October 2024 – We followed with great interest the debate ‘Tackling the steel crisis: boosting competitive and sustainable European steel and maintaining quality jobs’ in the EU Parliament on 23 October 2024. We were struck by the statements made by some...
Oct 24, 2024 | Stainless Espresso
24 October 2024 – German Chancellor Olaf Scholz’s ignorance and forgetfulness are notorious. The fact that he is now also wilfully ignoring the driving force behind the German economy – small and medium-sized enterprises from industry and the skilled...
Oct 23, 2024 | Stainless Espresso
23 October 2024 – Aluminium stocks on the LME have been in free fall for several months and have now collapsed by more than 33% – causing prices to rise. And Thorsten Gerber, CEO of the Gerber Group, invited to talks at the EU Parliament in Strasbourg. The...
Oct 22, 2024 | Stainless Espresso
22 October 2024 – Rising stainless steel prices expected in Taiwan due to high raw material costs. Increased European demand for NPI and slabs from Asia continues. And the European Parliament agrees with the EU Commission on closer cooperation. Source
Oct 21, 2024 | Stainless Espresso
21 October 2024 – Nickel Pig Iron (NPI) prices in Asia have risen to their highest level in 2024. China beats growth forecasts and US investment bankers boost sales. Source
Oct 18, 2024 | Stainless Espresso
18 October 2024 – In yesterday’s ECB press conference on the upcoming interest rate cuts in the EU, the ECB also made it clear that tightening tariffs and trade barriers would be detrimental to the interests of the European Union. And positive signals from...
Oct 17, 2024 | Stainless Espresso
17 October 2024 – A clear reaction and response to EUROFER’s open letter to the 27 Heads of State and Government of the Member States of the European Union entitled: ‘Call for urgent action to save the European steel industry and the livelihood of our...
Oct 16, 2024 | Stainless Espresso
16 October 2024 – With the climate protection agreements, German Economics Minister Robert Habeck is once again only handing out selective subsidies totalling 2.8 billion euros to just 15 companies. A further 10 billion is to follow. Meanwhile, the cost of...
