Steel dispute continues, EU-US steel club fails for now – Stainless Espresso
23 October 2023 – European Union and US government fail to reach agreement in the ongoing steel dispute. European Commission came to negotiations empty-handed. Is Brussels acting too slowly for Washington? And rising steel production in India and China is...
Indian stainless steel giant in trouble again? – Stainless Espresso
20 October 2023 – Indian stainless steel group Jindal seems to be thinking aloud about ending its stainless steel production in Indonesia after recent business figures that fell well short of expectations. And scrap demand in Taiwan is up more than 34%...
EC to use CBAM CO2 taxes to pay off debts? – Stainless Espresso
19 October 2023 – According to plans of the European Commission and the European Economic and Social Committee, the revenues from the CO2 tax CBAM and the trading of ETS certificates are to be used for the interest and debt repayment of the 800 billion Euro...