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...
Oct 15, 2024 | Stainless Espresso
15 October 2024 – Today we ask ourselves whether the Chinese stimulus programme is possibly being underestimated by the market and whether it might not also provide solutions for growth in Germany and Europe. And the reporting season for the third quarter gives...
Oct 14, 2024 | Stainless Espresso
14 October 2024 – Nickel, NPI and stainless steel prices in China rose again on Monday. The Chinese Ministry of Finance has presented details of the package of measures announced. And India is considering higher standards for steel imports. Source
Oct 11, 2024 | Stainless Espresso
11 October 2024 – German crude steel production has increased significantly in 2024 and could even reach the 2019 level – an important positive impulse for the German and European economy. And Asian nickel and NPI prices rose again today, Friday....
Oct 10, 2024 | Stainless Espresso
10 October 2024 – Asian equity markets have been extremely friendly ahead of US inflation data, a positive outlook for economic growth in South Asia and the announcement by the Chinese Ministry of Finance on Saturday of the more concrete details of the upcoming...
Oct 9, 2024 | Stainless Espresso
9 October 2024- Asian nickel prices remain stable and resilient, even though the market wanted more details on the Chinese stimulus programme. Global Forum on Steel Excess Capacity: EUROFER calls for more market protection immediately. Source
Oct 8, 2024 | Stainless Espresso
8 October 2024 – The board crisis at German steel giant Thyssenkrupp Steel Europe is barely halfway over when the Duisburg-based steelmaker’s prestigious green direct reduction plant project comes under scrutiny – there is even open speculation that...
