Temporary downturn of LME metals before Easter. LME nickel warehouse stocks show continuing depletion. Change in trend cannot be derived from profit taking. With just few exceptions, fundamental data may not be euphoric, but well supported. Confirmation of nickel ore...
Transaction successfully concluded between Oryx Stainless and PGI Oryx Stainless Holding and minority shareholder PGI has entered into an agreement (SPA) concerning a purchase of 30.0% of the shares in their joint venture Oryx Stainless PGI Co., Ltd.,...
Economics are moving away from political uncertainties, of which there are many at the moment. The nickel market is relatively quiet. Investors are cautious. Bubbles only forming in other asset sectors. Fed has started an interest rate change. There are also more...
New moves initiated in Indonesia and the Philippines. Whilst more of a “bearish” tone in Indonesia, the Philippines indicate firmer nickel prices. The outcome is everything but clear. In general, nickel prices are rather friendly and well supported. This could be...
No momentum for the nickel price at the start of the year. Currency movements are the drivers. A thunderbolt on 12th January 2017. Indonesia will allow nickel ore exports once again. The market's reaction was short. Stainless steel commodity demand firm. Stainless...
Stainless steel industry/ZEW study on raw material trade barriers. Europe must rely on the development of international trade agreements for the security of raw materials. China has the most extensive trade restrictions worlwide. As net importer of the main components...
