Jun 5, 2024 | Stainless Espresso
5 June 2024 – Nickel is once again extremely volatile. Is price volatility due to classic profit-taking by investing market players? In our opinion, there is a lot to be said for it. But why is that the case? And the FED is expected to announce its current...
Jun 4, 2024 | Stainless Espresso
4 June 2024 – The allegedly rising nickel stocks on the British commodity exchange LME are often used as an argument for the alleged abundance of nickel. But where do the almost 30% of the LME’s current on-warrant stocks actually come from? Source
Jun 3, 2024 | Stainless Espresso
3 June 2024 – Asian stock markets have reacted with substantial gains and positive sentiment ahead of a very likely first interest rate cut by the European Central Bank this week. Will Germany once again be exiling incumbent members of government to Brussels in...
May 31, 2024 | Stainless Espresso
31 May 2024 – The EU Safeguard measure against certain steel products will be extended until mid-2026, according to the Commission. The purely politically motivated decision was already submitted to the WTO on Tuesday. The EU anti-dumping measure against...
May 30, 2024 | Stainless Espresso
30 May 2024 – The stainless steel mill under strike in Spain is not coming to rest. Group management has now announced new measures, adding fuel to the fire. Rising prices for stainless steel scrap and stainless steel products expected for June 2024....
May 29, 2024 | Stainless Espresso
29 May 2024 – The increasingly obvious nickel shortage, particularly in the stainless steel sector, is already causing some formats to become scarce, according to Southeast Asian market voices. And Europe’s stock market is attracting significantly more...
May 28, 2024 | Stainless Espresso
28 May 2024 – The sudden end of the European benchmark price for ferrochrome may have heralded the end of the fanciful stainless steel alloy surcharges. What happens next? And the prices for base metals on the LME are friendly and rising at the start of trading....
May 27, 2024 | Stainless Espresso
27 May 2024 – The takeover of parts of thyssenkrupp Steel Europe by the Czech energy group EPH was only possible last week thanks to the use of the second voting right of the Chairman of the Supervisory Board of thyssenkrupp AG. Can Germany even afford to exert...
May 24, 2024 | Stainless Espresso
24 May 2024 – The shortage of processed nickel may already be significantly higher than previously assumed. At least according to figures from recent media reports, which indicate a 30% increase in the nickel supply gap for March 2024. And the sentiment...
May 23, 2024 | Stainless Espresso
23 May 2024 – Profit-taking has led to slight to moderate price corrections in raw materials such as copper, nickel and aluminum. Overall, however, base metals remain at a significantly higher level. And China imported 38% more stainless steel in the first five...
