ORYX STAINLESS GROUP

We trade globally in raw materials for the stainless steel industry.
More
Oryx Stainless Logo | Edelstahlindustrie

TRUST

IN
RECYCLING.

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…

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…

Universal Talent

Since our last edition, nickel prices on the London Metal Exchange (LME) have continued to fall. They came to a halt at a level of USD 15,800.00/mt. Starting by 26th July they have once more been moving up and the exchange price has now stabilised between the region of…

Artificial brain guzzles energy

The question of the future economic development in Europe, the USA and China remains a difficult subject. It is quite obvious that the markets for commodities, foreign exchange and equities remain firmly tied to the interest rate decisions of the central banks, especially to their…

Goldilocks beats well tanned

After a rather subdued start for nickel on the London Metal Exchange (LME) at the beginning of the year, since the middle of February a general upwards trend has been evident. However, this has not been exactly linear, as it has also been characterised at times by considerable…

TRUST

IN
US.