Jun 13, 2024 | Stainless Espresso
13 June 2024 – The Italian stainless steel manufacturer Cogne Acciai Speciali wants to take over a large German tube producer. The European Commission has today opened the necessary procedure for the proposed transaction to fall under the Merger Regulation. And...
Jun 12, 2024 | Stainless Espresso
12 June 2024 – Indonesian deposits of high-grade nickel ore are currently expected to be exhausted by 2029. Ore for stainless steel production already has to be imported from the Philippines. Now the Indonesian government is apparently considering withdrawing...
Jun 11, 2024 | Stainless Espresso
11 June 2024 – Managing with dual voting rights does not seem to be good for the thyssenkrupp Group. The share has already lost more than 40% of its value since November 2023. The most recent personnel matter has now had to be decided with a crowbar again, which...
Jun 10, 2024 | Stainless Espresso
10 June 2024 – Aluminium emerged as the winner among base metals last week – supported by sanctions and shortages. And ‘Business as usual…’ has been clearly rejected by voters in the European elections. Especially in France and Germany. Self-proclaimed...
Jun 7, 2024 | Stainless Espresso
7 June 2024 – Chinese exports increased by 7.6% in May, continuing their rise for the second month in a row. And the ECB has announced the expected first interest rate cut and revised expected economic growth upwards. Source
Jun 6, 2024 | Stainless Espresso
6 June 2024 – Does the EU have its back to the wall on nickel? According to Indonesian media reports, the EU appears to be slowly caving in to the Indonesian nickel export ban, leading to the suspicion that it is desperately seeking suppliers and other sources...
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...
