Domestic consumption in China continues to pick up speed – Stainless Espresso

Sep 18, 2023 | Stainless Espresso

18 September 2023 – Chinese consumption has continued to grow. Online retailers in particular are ahead. Commodities could benefit from Chinese domestic consumption. German ports really a matter for the local governments? The German states with maritime ports...

Asian raw material prices continue to gain – Stainless Espresso

Sep 15, 2023 | Stainless Espresso

15 September 2023 – Asian raw material prices continued to develop positively on Friday, closing in part significantly higher. Chinese stainless steel prices rose. And the LME is once again trying to be more transparent. Source

SMEs ignored by European Commission for decades – Stainless Espresso

Sep 14, 2023 | Stainless Espresso

14 September 2023 – Nearly 23 million small and medium-sized enterprises have played a subordinate role in the European Union for almost 30 years. Why EC President Ursula von der Leyen only now wants to have recognised this remains a mystery. It is more than...

Indonesia to monitor nickel demand fulfilment – Stainless Espresso

Sep 13, 2023 | Stainless Espresso

13 September 2023 – The Indonesian government wants to monitor nickel supply more closely and ensure that dwindling raw material reserves contribute to maximum value creation. Consumer sentiment in China has improved markedly and in the United States the bottom...

EU CBAM: Campaign gift for resigned EC Vice-President? – Stainless Espresso

Sep 12, 2023 | Stainless Espresso

12 September 2023 – Was the rushed introduction of the final EU CBAM Regulation on 17 August 2023 just an election campaign gift for Frans Timmermans, who resigned as Executive Vice-President of the EUROPEAN COMMISSION on 22 August 2023? And immediate action...

Raw nickel supply remains tight, producers nearly sold out in August – Stainless Espresso

Sep 11, 2023 | Stainless Espresso

11 September 2023 – As raw nickel supplies remain tight and producers of nickel sulphate nearly sold out in August, analysts are positive on the price trend of the stainless steel and battery raw material. Out of fear of shortages, NPI producers are already...

Heating law: Is Germany cheating on CO2 savings? – Stainless Espresso 

Sep 8, 2023 | Stainless Espresso

8 September 2023 – Has the biggest CO2 polluter in the EU, Germany, made the results of its new heating law look good, taking Brussels as an example? And we wonder about the panic-stricken awakening of the Assofermet in Italy.  Source

Nickel investors before new entry? – Stainless Espresso

Sep 7, 2023 | Stainless Espresso

7 September 2023 – Short setback in nickel futures. Are investors already close to re-entry? German auto market continues to grow significantly in August. And in the EU-US steel dispute is still no agreement in sight. Is a transatlantic steel cartel looming?...

The European ANGST of stainless steel from Indonesia – Stainless Espresso 

Sep 6, 2023 | Stainless Espresso

6 September 2023 – It must reek of cold sweat of fear in the boardrooms of European stainless steel producers. towards the nickel and stainless steel giant Indonesia certainly seems to be enormous. Source

New Chinese work plan to limit steel production – Stainless Espresso

Sep 5, 2023 | Stainless Espresso

5 September 2023 – The Chinese government presented its “Work Plan for Steady Growth of the Iron and Steel Industry” at the end of August. Market participants expect a drastic reduction in crude steel production from October. And Mexico’s...