Sep 27, 2024 | Stainless Espresso
27 September 2024 – The euphoria on China’s stock markets continues due to positive stimulus signals from government circles. Iron ore prices rise by more than 4.5% on Friday. Nickel on the LME on its way to the USD 17,000/MT mark. And Russia is preparing...
Sep 26, 2024 | Stainless Espresso
September 26, 2024 – According to several Indonesian media reports, Western countries are actively running a smear campaign against Indonesian nickel in an attempt to regain lost market share. And Asian stock markets continue to be buoyed by Chinese stimulus on...
Sep 25, 2024 | Stainless Espresso
September 25, 2024 – The European Commission, which is still in office, presented its Market Protection Report for 2023 yesterday, Wednesday. The report makes it all too clear that the Von der Leyen I Commission is continuing its inflation-fueling and...
Sep 24, 2024 | Stainless Espresso
24 September 2024 – Asian stock markets reacted today to a stimulus program recently announced by the Chinese government with gains of more than 4% in some cases. And Canadian steel producers are urging their own government to hurry up with the introduction of...
Sep 23, 2024 | Stainless Espresso
23 September 2024 – The Chinese steel market continues to consolidate and appears to be entering a phase of concentration in which smaller and less profitable manufacturers are being acquired in a targeted manner. Will Europe soon follow this trend? And India...
Sep 20, 2024 | Stainless Espresso
20 September 2024 – Base metals on the SHFE commodity exchange showed themselves to be friendly on Friday with rising prices. And European natural gas storage facilities are already 93% full on average and prices, despite some volatility, are now well below the...
Sep 19, 2024 | Stainless Espresso
19 September 2024 – Calls for urgently needed changes to CBAM are now also growing louder from EU stainless steel manufacturers. There are many indications that this is linked to the extreme shortage of stainless steel scrap. And the power poker for important EU...
Sep 18, 2024 | Stainless Espresso
September 18, 2024 – The US government yesterday announced a legislative initiative to amend the existing de minimis shipments rules for imports into the United States. This includes potential new rules for products affected by the steel and aluminum tariffs in...
Sep 17, 2024 | Stainless Espresso
17 September 2024 – German steel has once again reached a high point in a crisis that threatens its very existence. That’s what you might think when politicians, trade unions and steel manufacturers meet for a whingeing summit. Instead of taking...
Sep 16, 2024 | Stainless Espresso
16 September 2024 – EU steel manufacturers cannot produce enough stainless steel to supply the domestic market. This is the conclusion reached by the European Commission’s Joint Research Centre. ‘Compared to other categories, the more limited EU production...
