Steel dispute between EU and US about to escalate? – Stainless Espresso

Apr 5, 2023 | Stainless Espresso

5 April 2023 – The ongoing steel dispute between the European Union and the United States appears to be on course for further escalation. The US demand for an exemption from the Carbon Border Tax CBAM is putting the European Union on the spot. Bureaucratic...

The LME nickel contract and robust economic data – Stainless Espresso

Apr 4, 2023 | Stainless Espresso

4 April 2023 – Is the LME diluting the nickel contract with its announcement of changes? Or did something slip through the cracks? Robust economic data from Japan. Little liquidity stress in the US financial sector. And mining and mining stocks in good buying...

China: Construction sector in best mood in 12 years – Stainless Espresso

Apr 3, 2023 | Stainless Espresso

3 April 2023 – The Economy in China is gaining momentum. This is not only shown by the relevant indices, but also by the Chinese construction industry, which is considered an important factor for steel and stainless steel demand. Nickel prices in Asia are rising...

EU: Growing quality problems with stainless steel? – Stainless Espresso

Mar 31, 2023 | Stainless Espresso

31 March 2023 – Quality problems at well-known Taiwanese stainless steel producers seem to be due to the use of inferior primary products. At the same time, the same problem appears to be occurring with European stainless steel producers. Is there possibly a...

EU Safeguard Measure: Northern Ireland with its own quota? – Stainless Espresso

Mar 30, 2023 | Stainless Espresso

30 March 2023 – Northern Ireland is to get its own EU Safeguard Tariff Rate Quota for imports from the UK, according to the European Commission. And U.S. Supreme Court rejects appeal request related to Trump-era Section 232 Tariffs on steel. Source