News archive

It is not over yet

News - 16 Sep 11

• The third anniversary of the Lehman bankruptcy. Global economy now at a crossroads. Discrepancy between perceptions and the realities of the situation. Weakening of business, yes, recession, no.
• Economic institutions revise their growth forecasts. Fear of misjudgements can become a self-fulfilling prophecy. Scope of problem solving in politics still considerable.
• The finance industry is a gloom manufacturer yet again.  Banks are not giving loans to one another anymore. Government bonds have taken on another dimension to subprime.

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Stainless steel: hedging against volatile nickel markets instead of speculation

News - 14 Sep 11

A study by the Institute of Finance at the University of Ulm on behalf of Oryx Stainless Group

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Press Release

News - 08 Sep 11

Stainless steel industry / Study by the University of Ulm on the price of nickel:
Reliable forecasting impaired by lack of information

• Main nickel resource stainless steel scrap not taken into consideration for
  market estimation
• Speculation: permanent influencing factor in a market driven by fundamentals
• Nickel: price-determining factor for stainless steel
• Achieve greater transparency through statistical recording of the nickel resource
  stainless steel scrap
• Strengthen research into the nickel market and mechanisms

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Average Intelligence

News - 16 Aug 11

Is there any intelligence in the financial markets? This question should in general be answered with a definite yes. Yet if the price collapse on the financial markets in the first two weeks of August is anything to go by, then one has to question this again. Day after day share prices dropped dramatically worldwide, not leaving commodity markets untouched either.

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More transparency is still needed

News - 13 Jul 11

Over the last few months nickel has basically known only one direction on the London Metal Exchange. The direction has been southbound, which means falling prices. Recently, what was just an interpretation of weak signals, has now become a certainty that the level of around USD 21,500.00/mt reached in mid June represents the relative bottom of the market. Since then prices have been clearly moving upwards again. However, on just writing this sentence, the sovereign debt crisis has just fallen on the finance markets again like a lump of lead.

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