ORYX STAINLESS GROUP

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Oryx Commodity News

April April – it does what it wants

The copper price on the London Metal Exchange (LME) moves in spheres which have not been seen in almost a decade. The aluminium future is also on a high level. The increasing recovery in the global economy during the continuing pandemic will certainly play a role, but the speculative interest…

“Take him serious, but not literally”

Hardly really surprising that the year begins not much differently from where the old one left off. For the New Year is still young and therefore also not wise. The holidays could at least give a little respite from the numerous political and economic challenges, but the…

Isn’t there anything positive?

The stainless steel market continues to be in an autumnal depression, perhaps in line with the weather at this time of year. Although this terminology is not universally correct, for it is already spring in the southern hemisphere. Globally, and primarily in Europe, it is the…

A miss by far is still a miss

A clear turnaround in regard to the direction of the global economic development cannot yet be called. The early signals for a recovery, which were described in our last edition, have been consolidating, but the impact of the measures is still of…

All that glitters is not always clean

It is almost as if the head and the board of the US Federal Reserve read the last edition of the Oryx News, as there was a major interest rate move (“double bang”). As hoped, for the first time since 2020, the Federal Reserve (Fed) cut the key interest rate by…

Three meals a day are sufficient

The situation in the global economy remains complicated, but not hopeless if certain connections are understood. At present, the three big economic blocs, the USA, China and Europe, are simultaneously showing signs of…

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