Jul 7, 2023 | Stainless Espresso
7 July 2023 – Is the EU steel industry really leading the way to Net-Zero? Or is this just another false flag operation? And the demand to Berlin: less kowtowing to the steel hammer and more daring of the Mittelstand (SMEs)! Source
Jul 6, 2023 | Stainless Espresso
6 July 2023 – Nickel prices in Asia rose significantly today. Some are up more than 4.7%. Market participants expect support for the stainless steel market. And in the United States, car sales continue to pick up. Source
Jul 5, 2023 | Stainless Espresso
5 July 2023 – Steel prices are expected to rise again soon. This is the increasing opinion of analysts. In addition, the Chinese steel province of Tangshan is now imposing production restrictions of 50% to counter air pollution. Competition between high grade,...
Jul 4, 2023 | Stainless Espresso
4 July 2023 – Chinese automobile market provides optimism. Tesla exceeds expectations. Strong steel demand from Asia, Africa and the Middle East. And SHFE stainless steel stocks down, nickel stock critically low. Source
Jul 3, 2023 | Stainless Espresso
3 July 2023 – German Chamber of Industry and Commerce (DIHK) calls for reduction of bureaucracy in Germany and the European Union for the benefit of small and medium-sized enterprises. European Union adds bauxite, alumina, and aluminium to list of strategic raw...
Jun 30, 2023 | Stainless Espresso
30 June 2023 – The European Union has rejected the US proposal to settle the steel dispute. Not WTO compliant, sources say. But the problems are far greater. And US Section 232 tariffs softened for India? There could be a nasty duck on the way. Source
Jun 29, 2023 | Stainless Espresso
29 June 2023 – The nickel shows volatile, after the court hearing around the manipulations on the LME. Now comes the multimillion dollar damages? Tesla with record second quarter sales in China, but booming Chinese e-vehicle market continues to eat Tesla’s...
Jun 28, 2023 | Stainless Espresso
28 June 2023 – On Wall Street, the bulls take over again after strong US economic data. US manufacturing orders are up in May. Consumer confidence rises to its highest level since the beginning of 2022, and spending on leisure and entertainment increases again,...
Jun 27, 2023 | Stainless Espresso
27 June 2023 – While India is still celebrating a supposed victory in the negotiations with the US government on the Section 232 tariffs, there could soon be a sense of gloom on the Indian side. After all, India got nothing in the end. Now official: The EU...
Jun 26, 2023 | Stainless Espresso
26 June 2023 – Good news for the manufacturing sector in Europe. Energy costs have fallen by more than 60% in some cases compared to the previous year. EU has adopted the 11th sanctions package against Russia. And for companies, it is a good idea to make sure...
