German chief investigator in financial scandal throws in the towel – Stainless Espresso
Steelnews.biz
by Gerber Group
13h ago
23 April 2024 - The chief investigator in one of Germany's biggest financial scandals has thrown in the towel, disillusioned. Reason: unwillingness to clarify the situation in German politics. Is the same now threatening to happen in Brussels with the current EU Commission President? And industrial metals are facing growing demand that may no longer be able to be fully met ..read more
Visit website
Nickel: China wants to buy raw material for state stocks? – Stainless Espresso
Steelnews.biz
by Gerber Group
2d ago
22 April 2024 - Nickel scarcer than expected, are state stockpiles coming? Rumors from China cause nickel prices on the SHFE to jump. Copper prices near 10,000 USD/MT mark. And 92% higher aluminum imports to China compared to the same period last year ..read more
Visit website
Stainless steel prices in Asia robust and rising – Stainless Espresso
Steelnews.biz
by Gerber Group
6d ago
18 Apri 2024 - Stainless steel prices in Asia are robust and rising due to a significant market recovery. Supply situation in some markets remains tense. And the reporting season starts in Asia. Significant earnings growth expected for IT, utilities and raw materials companies ..read more
Visit website
Nickel ore in scarce supply, soon nickel pig iron too? – Stainless Espresso
Steelnews.biz
by Gerber Group
1w ago
16 April 2024 - Scarce availability of Indonesian and Philippine nickel ore leads to empty warehouses at Asian smelters. Impact on nickel pig iron (NPI) to be expected soon? Aluminum prices have recovered significantly since mid-2023. And a critical comment on German association media ..read more
Visit website
LME and CME: US and UK ban Russian raw materials – Stainless Espresso
Steelnews.biz
by Gerber Group
1w ago
15 April 2024 - US and UK sanction Russian raw materials and ban sales on LME and CME. Will the reluctant EU now also join these new sanctions? Nickel and aluminium in particular jump significantly at the start of trading on the LME ..read more
Visit website
EU Parliament slams von der Leyen for favoritism – Stainless Espresso
Steelnews.biz
by Gerber Group
1w ago
12 April 2024 - Things are not going well in von der Leyen's state. Not only the EU public prosecutor's office and its corruption hunters are after her, but also the EU Parliament. It has now slammed the Commission President for her favouritism. And the ECB is signalling further support for the visibly recovering EU economy ..read more
Visit website
Increasing delivery times for stainless steel in Europe – Stainless Espresso
Steelnews.biz
by Gerber Group
1w ago
10 April 2024 - Even if some people didn't want to believe it: Delivery times for stainless steel from new production in the EU continue to increase significantly. This is also reflected in the price trend. Solutions are needed now. And nickel and stainless steel scrap continue to develop favourably ..read more
Visit website
EU stainless steel strikes: No end in sight? – Stainless Espresso
Steelnews.biz
by Gerber Group
1w ago
9 April 2024 - There still seems to be no end in sight to the EU stainless steel strikes. Finnish company releases striking employees and slams the door in their faces. Production backlog of flat rolled stainless steel in the EU already at more than 200,000 MT? And in the Green Steel lie, the first EU steel boss becomes honest. Steel subsidies in the EU must be reclaimed immediately ..read more
Visit website
Thyssenkrupp: And every day the groundhog greets the groundhog – Stainless Espresso
Steelnews.biz
by Gerber Group
2w ago
8 April 2024 - The German steel group thyssenkrupp Steel Europe is regularly spinning the tale of job cuts through the political halls. This begs the question: When is the Group actually going to start behaving like a real commercial enterprise and earning money? And profits in the emerging markets are rising again significantly ..read more
Visit website
EU corruption hunters are now officially investigating von der Leyen – Stainless Espresso
Steelnews.biz
by Gerber Group
2w ago
5 April 2024 - In the middle of the election campaign for this year's EU parliamentary elections, the EU corruption hunters are launching an investigation into Commission President Ursula von der Leyen. Is her own party now calling on her to abandon the election campaign? And nickel prices are approaching the $18,000/MT mark again ..read more
Visit website

Follow Steelnews.biz on FeedSpot

Continue with Google
Continue with Apple
OR