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LME nickel prices rose significantly at the start of trading on Friday – Stainless Espresso

Nov 1, 2024 | Stainless Espresso

1 November 2024 – Nickel prices on the LME rose significantly at the start of trading on Friday. Price increases are also being reported from Asia for almost all base metals, including nickel. And Taiwanese stainless steel producers have raised their prices for...

Call for an end to EU bureaucracy and regulatory madness – Stainless Espresso

Oct 31, 2024 | Stainless Espresso

31 October 2024 – More and more companies in the European Union are calling for an end to the bureaucratic and regulatory madness. Small and medium-sized companies in particular are suffering under the dictates of Brussels’ ivory tower. Source

German steel makers already enjoying massive relief on energy costs – Stainless Espresso

Oct 30, 2024 | Stainless Espresso

30 October 2024 – German steel makers never tire of complaining about high energy costs and are constantly calling for government measures. However, the fact that they have already received tens of billions of euros in relief is often swept under the carpet. And...

Steel scrap – the hard-fought resource – Stainless Espresso

Oct 29, 2024 | Stainless Espresso

29 October 2024 – Steel scrap is becoming an increasingly and jealously guarded resource. More scarce than you might think – but the world’s steel lobbies are investing heavily to keep it close to their production sites. And lending in the eurozone...

Iron ore and steel prices up in Asia on Monday – Stainless Espresso

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

Asian bauxite prices continue to rise – Stainless Espresso

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...

Steel crisis in focus at EP Plenary debate: Who suffers most from these statements? – Stainless Cappuccino

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...

How the German Chancellor wilfully ignores the SME sector – Stainless Espresso

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...

LME aluminium inventories down 33% – Stainless Espresso

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...

Rising stainless steel prices expected in Taiwan – Stainless Espresso

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
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