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EU sanctions against Russian aluminium more likely – Stainless Espresso

Jan 16, 2025 | Stainless Espresso

16 January 2025 – EU sanctions against Russian raw aluminium seem more likely in the 16th sanctions package to be adopted in February 2025. Positive sentiment among US small companies. German stock index DAX jumps to record high after good inflation data from...

Stainless steel: China continues to strengthen domestic demand – Stainless Espresso

Jan 15, 2025 | Stainless Espresso

15 January 2025 – China is boosting domestic demand for stainless steel by extending and expanding its old-versus-new policy on large appliances and consumer goods, such as white goods. And the EU aluminium and steel associations are calling on the EU Commission...

Aluminum raw material bauxite: Germany’s dirty imports – Stainless Espresso

Jan 14, 2025 | Stainless Espresso

14 January 2025 – Germany likes to paint itself green and sees itself as a pioneer in sustainability and environmental protection. The fact that this green veneer is not as clean as is often claimed becomes clear, for example, with the aluminum raw material...

Nickel prices rise on the commodity exchanges – Stainless Espresso

Jan 13, 2025 | Stainless Espresso

13 January 2025 – Nickel prices on the SHFE and LME have risen in the past week. Prices on one commodity exchange in particular rose. According to US media reports, the impending strike by US dock workers in mid-January 2025 was averted. Source

Positive outlook for 2025: More room for investment – Stainless Espresso

Jan 10, 2025 | Stainless Espresso

10 January 2025 – Positive outlook: The year 2024 has created a solid basis for future investments, especially in the United States and China. EU Safeguard: Why are there bad odours coming from Brussels again? Is the steel lobby calling on the Commission to...

Stainless steel: Bullish sentiment in the Chinese market – Stainless Espresso

Jan 9, 2025 | Stainless Espresso

9 January 2025 – The mood in the Chinese stainless steel market has improved, with some media already describing it as bullish. Demand for steel in China and the United States is expected to rise. And in Germany, industrial production is picking up much more...

Fear of subsidy losses: No turning away from green steel – Stainless Espresso

Jan 8, 2025 | Stainless Espresso

8 January 2025 – Calls by the German CSU party for a move away from ‘green steel’ are meeting with a cautious response from steel makers there – after all, there is a threat of subsidy losses running into billions. Another scandal in EU market protection...

EU stainless steel manufacturers rely heavily on imports – Stainless Espresso

Jan 7, 2025 | Stainless Espresso

7 January 2025 – Stainless steel manufacturers in Europe imported more raw materials and semi-finished products in 2024 than ever before. There are signs of a new import record for stainless steel slabs, and the increase in the much-maligned nickel pig iron can...

German steel production continues to rise in November – Stainless Espresso

Jan 6, 2025 | Stainless Espresso

6 January 2025 – Germany, one of the ten largest steel producers in the world, once again increased its crude steel production in November – has the valley of tears been passed? The US markets are boosted by strong economic data. Source

Indonesia mulls slashing nickel mining quotas in 2025 – Stainless Espresso

Dec 20, 2024 | Stainless Espresso

20 December 2024 – Indonesia is considering reducing the mining quotas for nickel ore by more than 120 million tons (-45%) in 2025. The Stainless Espresso team wishes you a Merry Christmas and a Happy New Year. Source
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