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

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

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

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

Aluminum Sheet: US launches circumvention investigation – Stainless Espresso 

Jul 19, 2023 | Stainless Espresso

July 19, 2023 – The U.S. Department of Commerce (DOC) has launched a circumvention investigation into Common Alloy Aluminum Sheets from South Korea via China. Asian commodity prices continue to rise on Wednesday. And Stainless Espresso: Strong, hot and compact!...