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US housing market continues to recover – Stainless Espresso

US housing market continues to recover – Stainless Espresso

Jul 26, 2023 | Stainless Espresso

26 July 2023 – According to data released yesterday, the US housing market continued to recover in May. And German hydrogen strategy is to be revised after more than two years of not even reaching 1.6% of the 5 GW green H2 expansion target by 2030, whether it...
US-EU steel dispute at an impasse? – Stainless Espresso

US-EU steel dispute at an impasse? – Stainless Espresso

Jul 25, 2023 | Stainless Espresso

25 July 2023 – Negotiations in the steel dispute between the United States and the European Union appear to have reached an impasse. The US side’s displeasure is evident in a recent press release. The Europeans remain silent. And China signals further...
Car semiconductors in strong demand – Stainless Espresso

Car semiconductors in strong demand – Stainless Espresso

Jul 24, 2023 | Stainless Espresso

24 July 2023 – The outlook for semiconductors in cars looks bright. Forecast for global car production in 2023, 2024 and 2025 significantly, to 86.7, 87.9 and 90.5 million cars. EU approves billions in subsidies for steel that may never turn green. Source
US sanctions Russian nickel and copper producer – Stainless Espresso

US sanctions Russian nickel and copper producer – Stainless Espresso

Jul 21, 2023 | Stainless Espresso

21 July 2023 – The United States has imposed sanctions on one of Russia’s main copper and nickel producers. A possible exemption for India from the EU Carbon Border Tax CBAM is likely to be off the table with the announcement of a massive capacity...
Raw material prices rise again, SHFE adjusts price limits – Stainless Espresso

Raw material prices rise again, SHFE adjusts price limits – Stainless Espresso

Jul 20, 2023 | Stainless Espresso

20 July 2023 – After SHFE adjusted margin ratios and stop limits for rebar, wire rod, hot rolled coil and stainless steel, among others, last week, Asian commodity prices continue to rise today. HRC prices increased, demand continues to rise? Source
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