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…

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…

Old Wise (White) Men

Nickel quotations at the London Metal Exchange (LME) have recovered comparatively well – prices have risen by around 16% and, alongside tin and copper, nickel has been one of the “best” performers of the year so far. At the end of April the 3 months price for the nickel future was quoted at USD 19,330.00/mt, the highest rate since…

TRUST

IN
US.