Positive market data to start May 2023 – Stainless Espresso
2 May 2023 – Positive market data to start May 2023. The markets on both sides of the Atlantic – the United States and Europe – have performed more positively than many analysts expected. The great recession in the Eurozone has failed to materialise...
Freight market revival: Fully booked ships – Stainless Espresso
28 April 2023 – The freight market is picking up, with fully booked ships reported on the first routes from Asia to Europe. And the growing importance of stainless steel scrap for manufacturers is being confirmed more and more – the recycling industry is...
Right Mindset? Spanish stainless steel group with very good results – Stainless Espresso
27 April 2023 – Spanish stainless steel group Acerinox has published its Q1 2023 results. Very good numbers were rewarded with a rise in the Acerinox share price. And electromobility is booming. Growth forecasts revised significantly upwards. Is the availability...
Declining ore quality: Nickel production impacted? – Stainless Espresso
26 April 2024 – The economic production of nickel is closely linked to the nickel content of the ore mined or not mined. Has the declining ore quality been taken into account in the calculation models? Molybdenum prices continue to rise significantly. And...
Stainless steel market stabilizes further, buying mood rises – Stainless Espresso
25 April 2023 – The global stainless steel market continues to stabilize and buying mood is rising. This is reflected among other things in larger orders from Europe to Asia, stable raw material costs and further rising prices due to shortages in China....
Stainless steel alloy surcharges for May 2023 rise – Stainless Espresso
24 April 2023 – Good news on stainless steel alloy surcharges for May 2023, which had risen by up to 13% at US producers last Friday. Rumours of short-time working at European stainless steel producers don’t fit with the recently released annual results...
Securing raw materials with growing priority – Stainless Espresso
21 April 2023 – Securing raw materials is a growing priority in many countries. Not only for China or the United States, but also for India and EU member Germany. At the same time, mining companies report a lack of investment in the mining and processing of raw...
Outlook: EU Stainless Steel Alloy Surcharges and Base Price May 2023 – Stainless Espresso
20 April 2023 – Stainless steel alloy surcharges for May 2023 from European producers are expected in the coming days. Therefore, it is time to take at least a brief look at possible developments. Aluminum benefits from jump in demand and outlook hints at...