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South African scrap export ban extended – Stainless Espresso 

South African scrap export ban extended – Stainless Espresso 

by Gerber Group | Jun 16, 2023

South African scrap export ban extended 16 June 2023 – The South African government has extended the existing scrap export ban on certain ferrous and non-ferrous waste for another 6 months. Japanese stainless steel producers hike prices again. LME and SHFE...
Chinese steel stocks down, India in buying mood, EU next? – Stainless Espresso

Chinese steel stocks down, India in buying mood, EU next? – Stainless Espresso

by Gerber Group | Jun 15, 2023

Chinese steel stocks down, India in buying mood, EU next? 15 June 2023 – Steel demand has picked up significantly since the beginning of June, as can be seen not only from falling inventories in China but also from significantly higher demand from India. And in...
China cuts key interest rate, nickel price jumps upward – Stainless Espresso

China cuts key interest rate, nickel price jumps upward – Stainless Espresso

by Gerber Group | Jun 14, 2023

China cuts key interest rate, nickel price jumps upward 14 June 2023 – China surprisingly cut standing lending facility interest rates, which was very positively received by the markets. Nickel prices reacted promptly. The EU goes on a buying spree for critical...
Permit for US copper-nickel mine project withdrawn – Stainless Espresso 

Permit for US copper-nickel mine project withdrawn – Stainless Espresso 

by Gerber Group | Jun 13, 2023

Permit for US copper-nickel mine project withdrawn 13 June 2023 – The US government has withdrawn a permit from a copper-nickel project due to environmental concerns. Could the project, which is supposed to reduce dependence on external suppliers, possibly still...
Japan’s economy surges with impressive momentum – Stainless Espresso

Japan’s economy surges with impressive momentum – Stainless Espresso

by Gerber Group | Jun 12, 2023

Japan’s economy surges with impressive momentum 12 June 2023 – The economy of Japan is growing at an astonishing pace, leaving the other industrialized nations behind. Financial analysts are much more optimistic about the US economy. Mining giant to invest...
Stainless Espresso: Indian steel, buyers now facing the next shock?

Stainless Espresso: Indian steel, buyers now facing the next shock?

by Gerber Group | Jun 15, 2022

Indian steel, buyers now facing the next shock? 15 June 2022 – Is the next shock coming for buyers of Indian steel and stainless steel? After the introduction of the steel export tax, Indian mills are now threatening to halt production. Are steelmakers already...
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Most read

  • EU stainless steel producers with order books filling up – Stainless Espresso
  • Steel: EU sanctions against Russian intermediate products – Stainless Espresso
  • Indonesian nickel ore capacities already exhausted? – Stainless Espresso
  • Stainless steel prices increased last week – Stainless Espresso
  • The European ANGST of stainless steel from Indonesia – Stainless Espresso 

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