Subsidies demanded: Has the EU reopened Pandora’s box? – Stainless Espresso

Apr 2, 2024 | Stainless Espresso

2 April 2024 – Has the EU reopened Pandora’s box with its massive subsidies to the steel industry? Industry associations outside the EU are increasingly demanding more money from the state. And nickel and stainless steel prices are rising in Asia....

The Stainless Steel Easter Egg

Mar 29, 2024 | Stainless Espresso

You can of course also contact us over the Easter holidays with any questions you may have about the procurement of stainless steel and aluminium. Just give us a call, we’re here for you: +49 7642 9282851! Source

Is the green steel dream already running out of steel scrap? – Stainless Espresso

Mar 28, 2024 | Stainless Espresso

28 March 2024 – Green steel seems to be running out of the most important raw material, scrap, even before it penetrates the market. At least that’s the latest assessment from the Boston Consulting Group. And questionable export data in the direction of...

Ammunition production drives demand for raw materials – Stainless Espresso

Mar 27, 2024 | Stainless Espresso

27 March 2024 – Copper, zinc, steel and aluminium are among the base metals that are particularly in demand in the defence industry. With a capacity expansion by a major German ammunition manufacturer, demand is likely to increase even further. Farmer protests...

Commodity markets on the upswing: optimistic outlook for 2024 – Stainless Espresso

Mar 26, 2024 | Stainless Espresso

26 March 2024 – The analysts at Goldman Sachs recently reaffirmed their optimistic outlook for commodities in 2024 and see rising commodity prices on the horizon. And the German ifo business climate index has risen to its highest level since June 2023, with...

EU stainless steel prices continue to rise due to scarce availability – Stainless Espresso

Mar 25, 2024 | Stainless Espresso

25 March 2024 – Stainless steel prices in the EU continue to rise. Scarce availability meets growing demand. And European steel consumers are starting to fight back against domestic steel producers and their demands for ever more market protection. Is Brussels...

Sentiment indicator: Spring in the EU Purchasing Managers’ Index? – Stainless Espresso

Mar 22, 2024 | Stainless Espresso

22 March 2024 – The important Purchasing Managers’ Index in the eurozone rises for the third month in a row. And is the EU Critical Raw Material Act once again based on the assumption of false data? Source

The battle for Russian aluminium continues – Stainless Espresso

Mar 21, 2024 | Stainless Espresso

21 March 2024 – The battle to extend EU sanctions to Russian raw aluminium continues with sometimes contradictory reports. And the US Federal Reserve is signalling optimism for the domestic economy. Source

Chinese ferrochrome and iron ore prices rise – Stainless Espresso

Mar 20, 2024 | Stainless Espresso

20 March 2024 – Prices for ferrochrome and iron ore rose significantly in China yesterday. At the same time, Chinese online retailers are reporting a sharp rise in consumer demand and the Bank of Japan is ending the negative interest rate era after 17 years....

Steel tensions: US warns EU against reviving WTO complaints – Stainless Espresso

Mar 19, 2024 | Stainless Espresso

March 19, 2024 – The US government has warned the European Commission against reviving WTO disputes over steel. Is the EC deliberately provoking the United States? Growing shortage: Copper prices have risen by almost 15% since fall 2023. Source