by Gerber Group | Sep 22, 2023 | Stainless Espresso
22 September 2023 – EU gas prices have continued to fall this week, which should help the manufacturing industry. In South Korea, a large stainless steel plant will cease production at the end of the month. And Indonesia is not allocating any new mining quotas...
by Gerber Group | Sep 21, 2023 | Stainless Espresso
21 September 2023 – The US Federal Reserve yesterday (Wednesday) raised its growth forecast for the US economy to 2.1% this year and also expects growth of at least 1.5% in 2024. A major Chinese stainless steel mill is down for several weeks due to a change in...
by Gerber Group | Sep 20, 2023 | Stainless Espresso
20 September 2023 – Are the German Bündnis90/Die Grünen lobbying the European and German steel industry? A look at the recent past and current election programmes quickly makes this clearer and declares CBAM, which is not supposed to be a market protection...
by Gerber Group | Sep 19, 2023 | Stainless Espresso
19 September 2023 – Asian stainless steel prices are currently holding steady, while Chinese analysts are already pointing to the possibility of rising prices. Nickel sulphate remains in short supply. And Indonesian minister warns of dwindling nickel reserves....
by Gerber Group | Sep 18, 2023 | Stainless Espresso
18 September 2023 – Chinese consumption has continued to grow. Online retailers in particular are ahead. Commodities could benefit from Chinese domestic consumption. German ports really a matter for the local governments? The German states with maritime ports...
by Gerber Group | Sep 15, 2023 | Stainless Espresso
15 September 2023 – Asian raw material prices continued to develop positively on Friday, closing in part significantly higher. Chinese stainless steel prices rose. And the LME is once again trying to be more transparent. Source