Mar 21, 2024 | Stainless Espresso
21 March 2024 – The battle to extend EU sanctions to Russian raw aluminium continues with sometimes contradictory reports. And the US Federal Reserve is signalling optimism for the domestic economy. Source
Mar 20, 2024 | Stainless Espresso
20 March 2024 – Prices for ferrochrome and iron ore rose significantly in China yesterday. At the same time, Chinese online retailers are reporting a sharp rise in consumer demand and the Bank of Japan is ending the negative interest rate era after 17 years....
Mar 19, 2024 | Stainless Espresso
March 19, 2024 – The US government has warned the European Commission against reviving WTO disputes over steel. Is the EC deliberately provoking the United States? Growing shortage: Copper prices have risen by almost 15% since fall 2023. Source
Mar 18, 2024 | Stainless Espresso
18 March 2024 – Is the EU Supply Chain Regulation a foul compromise that bypasses the EU Parliament? And just another election campaign gift for the EU Commission President? And strikes at EU stainless steel manufacturers continue. Source
Mar 15, 2024 | Stainless Espresso
15 March 2024 – The EU is likely to maintain the anti-dumping duties of up to 71.9% against seamless stainless steel tubes from China. And base metals, such as nickel, copper, zinc and aluminium, are showing a positive trend at the start of European trading....
Mar 14, 2024 | Stainless Espresso
14 March 2024 – Following the closure of a major aluminum plant in the United States, concerns are growing about a worsening aluminum shortage. And it is not only in Southeast Asia that demand for stainless steel is picking up, but also in Europe, while two out...
Mar 13, 2024 | Stainless Espresso
13 March 2024 – European and Asian aluminium prices have risen significantly in recent weeks due to rising demand. And US investors are taking a slight rise in inflation in their stride. German DAX breaks new record. Source
Mar 12, 2024 | Stainless Espresso
12 March 2024 – Iron ore prices in Asia have fallen – but is this really due to poor fundamental data or rather politics and short selling at the end of a restocking cycle? And first country raises serious concerns about the EU Carbon Border Tax CBAM at...
Mar 11, 2024 | Stainless Espresso
11 March 2024 – A clear change in mood among the bosses of major US companies: They expect more sales, plan higher investments and see job numbers rising. Surprising increase: China’s exports are growing strongly and exceeding all expectations and...
Mar 8, 2024 | Stainless Espresso
8 March 2024 – The next wave of strikes will hit EU member Finland from Monday: Will the stainless steel maker Outokumpu now also be out of action for weeks? And nickel prices exceed USD 18,000/MT – contrary to all prophecies of doom. Source
