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US debt ceiling: Agreement in Washington – Stainless Espresso

US debt ceiling: Agreement in Washington – Stainless Espresso

May 30, 2023 | Stainless Espresso

30 May 2023 – Agreement in dispute over U.S. debt ceiling met with positive response. Taiwanese stainless steel producers expect market to stabilize in second half. Nickel prices rise again. Indonesia to introduce its own nickel index. Important reminder: The...
Threats: thyssenkrupp wants to force green steel subsidies? – Stainless Espresso

Threats: thyssenkrupp wants to force green steel subsidies? – Stainless Espresso

May 26, 2023 | Stainless Espresso

26 May 2023 – An open letter from German steel giant thyssenkrupp steel europe to the German Federal Ministry for Economic Affairs and Climate Protection is now apparently intended, with the help of the works council, to force the disbursement of subsidies...
Scrap supply becomes increasingly important for China – Stainless Espresso

Scrap supply becomes increasingly important for China – Stainless Espresso

May 25, 2023 | Stainless Espresso

25 May 2023 – China needs more steel scrap. The necessary standards are now to be adapted for this. This is of immense importance for many manufacturers. EAF capacity in China is to be expanded to 400 million tons of steel and stainless steel per year. Aluminum...
BF/BOF vs. EAF: The Green Steel Clash – Stainless Espresso

BF/BOF vs. EAF: The Green Steel Clash – Stainless Espresso

May 24, 2023 | Stainless Espresso

24 May 2023 – A green steel clash between steel producers seems increasingly likely. This is because BF/BOF and EAF producers have very different motives, which is also becoming increasingly evident in their green steel initiatives and certification. And the US...
EU Safeguard: What is actually going on? – Stainless Espresso

EU Safeguard: What is actually going on? – Stainless Espresso

May 23, 2023 | Stainless Espresso

23 May 2023 – The decision on whether to extend the EU Safeguard measure to certain steel products or end it early is due shortly. The EC recently announced the TRQ for steel products between the UK and Ireland. And the ISSF clearly sees a significant increase...
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Gerber Steel South-West

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