Jan 13, 2025 | Stainless Espresso
13 January 2025 – Nickel prices on the SHFE and LME have risen in the past week. Prices on one commodity exchange in particular rose. According to US media reports, the impending strike by US dock workers in mid-January 2025 was averted. Source
Jan 10, 2025 | Stainless Espresso
10 January 2025 – Positive outlook: The year 2024 has created a solid basis for future investments, especially in the United States and China. EU Safeguard: Why are there bad odours coming from Brussels again? Is the steel lobby calling on the Commission to...
Jan 9, 2025 | Stainless Espresso
9 January 2025 – The mood in the Chinese stainless steel market has improved, with some media already describing it as bullish. Demand for steel in China and the United States is expected to rise. And in Germany, industrial production is picking up much more...
Jan 8, 2025 | Stainless Espresso
8 January 2025 – Calls by the German CSU party for a move away from ‘green steel’ are meeting with a cautious response from steel makers there – after all, there is a threat of subsidy losses running into billions. Another scandal in EU market protection...
Jan 7, 2025 | Stainless Espresso
7 January 2025 – Stainless steel manufacturers in Europe imported more raw materials and semi-finished products in 2024 than ever before. There are signs of a new import record for stainless steel slabs, and the increase in the much-maligned nickel pig iron can...
Jan 6, 2025 | Stainless Espresso
6 January 2025 – Germany, one of the ten largest steel producers in the world, once again increased its crude steel production in November – has the valley of tears been passed? The US markets are boosted by strong economic data. Source
Dec 20, 2024 | Stainless Espresso
20 December 2024 – Indonesia is considering reducing the mining quotas for nickel ore by more than 120 million tons (-45%) in 2025. The Stainless Espresso team wishes you a Merry Christmas and a Happy New Year. Source
Dec 19, 2024 | Stainless Espresso
19 December 2024 – The EU has today launched another safeguard investigation into certain imports of raw materials used in steel makers, among other things. In addition, several EU member states are pushing for tougher sanctions against metal exports from...
Dec 18, 2024 | Stainless Espresso
18 December 2024 – How have EU steel makers really earned their money in recent years? A very interesting question in times of falling crude steel production in the EU and a simultaneous significant rise in CO2 certificate prices. Positive impetus expected from...
Dec 17, 2024 | Stainless Espresso
17 December 2024 – The European Commission announced today that it has launched a further review procedure of the EU Safeguard Measure on certain steel products, which has been in place since 2019. The EU also announced the 15th sanctions package against Russia...
