Dec 14, 2023 | Stainless Espresso
14 December 2023 – Fitch Ratings has updated its outlook for raw materials. The analysts have a positive outlook for copper, iron ore and coal in particular. And in the EU in particular, there is likely to be an increasing shortage of stainless steel scrap. The...
Dec 13, 2023 | Stainless Espresso
13 December 2023 – Indonesian nickel smelters without their own mines are facing growing problems – Indonesian government warns again of scarce nickel ore reserves and deteriorating nickel quality. US inflation continues to fall and overall inflation has...
Dec 12, 2023 | Stainless Espresso
12 December 2023 – The Association of European Aluminium Producers is calling for more consistent sanctions against Russian raw aluminium. And the US Environmental Protection Agency (EPA) wants US steel manufacturers to be subject to new environmental...
Dec 11, 2023 | Stainless Espresso
11 December 2023 – The steel tariff dispute between the EU and the US threatens to escalate again. Brussels is already considering reviving its case against Section 232 at the WTO – allegedly as a preventative measure. A clear threat to Washington? And the...
Dec 8, 2023 | Stainless Espresso
8 December 2023 – British steel manufacturers see their supply of ferrous scrap under threat and are calling on the government to drastically reduce exports of scrap from the UK. And Mexico benefits from the economic strength of the United States. Source
Dec 7, 2023 | Stainless Espresso
7 December 2023 – The US construction boom in the non-residential construction sector continues for the 17th consecutive month. Construction activity in the manufacturing sector is even up by more than 71% year-on-year. This is pushing up steel prices in the...
Dec 6, 2023 | Stainless Espresso
December 6, 2023 – Sensation at the German stock exchange: The DAX reached an all-time high yesterday! In November, it gained almost 10% – a real boom! And the US job market is slightly relaxing: Good news for the markets. Source
Dec 5, 2023 | Stainless Espresso
5 December 2023 – Harsh ruling by the Court of Justice of The European Union: Blind trust can be expensive. A European company that was the victim of fraud with false indications of origin must still pay a fine. And Indonesia files another WTO complaint against...
Dec 4, 2023 | Stainless Espresso
December 4, 2023 – The Chicago Purchasing Managers’ Index (PMI) makes a tremendous leap in November, and the US economy scores points in other areas as well. Moreover, the WTO teaches the EU a lesson: Climate protection yes, but fair and thoughtful!...
Dec 1, 2023 | Stainless Espresso
1 December 2023 – Even after the EU Trade Council meeting, there still seems to be no solution to the steel and aluminium dispute between the EU and the United States. And the LME wins legal dispute over millions of euros in legal action for suspension of nickel...
