Steep rises in nickel stopped for the moment. Stimulus of electro-mobility is still very much far in the future. Even China is putting on the brakes because of debt reduction and environmental issues. But the market prognosis for 2018 still looking positive. World...
LME week, a big international coming together of market operators. As well as being a social event, lots of presentations and discussions take place. For example about China. The recently confirmed Chinese Head of State and Party, Xi Jinping presented his reform...
Generally the LME nickel market shows positive signs. The psychological resistance point of USD 12,000.00 is now in the sights. However, this has not been consistently broken at time of writing. Growth in China is running parallel to the rise in debt. And in...
Nickel cannot hold the level of USD 12,000.00/mt. Reasons are the US-Dollar and profit taking in an overbought market. Big swings in uncharted territory. Market environment improving gradually. Especially even in the medium term perspective. Global growth potential is...
Tensions have escalated between North Korea and the USA, higher now than they have been for a long time. Regardless of this, nickel is in an upwards trend which has led to a 5 month high, technical reaction inclusive. Welcome compensation versus the expected chrome...
Oryx Stainless Group extends 100 million Euro credit facility - HSBC sole bookrunner Prematurely Oryx Stainless Group, under the umbrella of Oryx Stainless Holding B.V., has successfully extended a 100 million Euro syndicated revolving borrowing base credit facility...
