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…

The gloss is tarnished

Nickel prices on the London Metal Exchange (LME) are showing little own momentum at present, just like the base metals copper and aluminium. Prices are in a phase of correction. The entire world is looking to the central banks to estimate how high the key interest rates could indeed rise in order to fight inflation. While it had still been hoped at the start of the year that…

The Sky is the Limit

It can happen quite often that important future-orientated topics are diluted in public and political discussions. Climate change, electric mobility, the pandemic, migration and much more could be taken here as examples. This could be due to the complexity which unfortunately lies behind many questions, but it can also be an…

Is Opium in the game?

After the unfortunately negative iconic events on the London Metal Exchange (LME) in March 2022, it has since become very quiet, too quiet in the opinion of quite a few observers and market participants. Whilst steps were taken ad hoc already in March, for example the introduction of a maximum daily range and the suspension of trade during the early morning trade in Asia, as well as internal and external investigations being initiated…

Casino Royal or Casino Metal?

The London Metal Exchange has always been known, if not to say, has been notorious for its volatility. Some even describe the LME as a “Casino”. But the matter is not so simple for there has never been any better alternative so far. The market for primary nickel, especially in the form of brands which are approved on the LME (so called Class 1), is…

Where have all the flowers gone?

Based on the song by Pete Seeger “Where have all the flowers gone”, today from a business point of view, the words should be changed to “Where have all the workers gone, long time passing.” After the corona measures were lifted it seemed as if people had been swallowed up and disappeared from the face of the earth. Regardless of which sector, there is a lack of…

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