Nov 7, 2023 | Stainless Espresso
7 November 2023 – The aerospace industry is demanding more and more nickel due to full order books. High-quality nickel products increasingly difficult to obtain. Prices have doubled. Last week, the Japanese government passed a comprehensive stimulus package to...
Nov 6, 2023 | Stainless Espresso
6 November 2023 – The United Kingdom is to receive further safeguard quotas for steel and stainless steel, showing once again how Brussels is wasting taxpayers’ money with job creation measures. Financial markets react very positively to the latest US...
Nov 3, 2023 | Stainless Espresso
3 November 2023 – Electromobility in Germany continues to grow and, with 47.4% of new registrations, is getting closer and closer to conventional drives. Apple reports quarterly profit of 23 billion dollars. And stainless steel commodity faces growing supply...
Nov 2, 2023 | Stainless Espresso
2 November 2023 – Asian base metals have reacted positively to the US Federal Reserve’s interest rate pause. In addition, there are many indications that the Chinese government’s stimulus programmes are having an effect and that there could be a new...
Nov 1, 2023 | Stainless Espresso
1 November 2023 – Kazakhstan has extended its scrap export ban again and now also includes stainless steel scrap in an export ban. India sees its scrap supply at risk. And what is the nickel doing? Source
Oct 31, 2023 | Stainless Espresso
31 October 2023 – US Section 232 tariffs have once again been upheld as lawful by the US Supreme Court. And earnings figures in the United States come as a positive surprise at the start of the reporting period. Source
Oct 30, 2023 | Stainless Espresso
30 October 2023 – The Indonesian Nickel Miners Association recently warned that the country’s high-grade nickel ore reserves could be exhausted in six years. The buying mood in the United States and the economic development in Japan continue to show...
Oct 27, 2023 | Stainless Espresso
27 October 2023 – The EU market for stainless steel scrap has been fiercely competitive for years. While many scrap dealers have to fear for the recently increased scrap prices due to the pressure from the EU mills, the domestic stainless steel producers are...
Oct 26, 2023 | Stainless Espresso
October 26, 2023 – The 12th package of sanctions currently being prepared by the European Union against Russia could include aluminum as another critical raw material. But nickel and titanium could also be an option. And China’s economy and markets...
Oct 25, 2023 | Stainless Espresso
25 October 2023 – Delivery times and prices for steel in the United States continue to rise. In China, inventories of semi-finished steel products have fallen by almost 1 million tonnes since the beginning of September. And the “industrial policy of the...