German DIHK calls for reduction of bureaucracy – Stainless Espresso

Jul 3, 2023 | Stainless Espresso

3 July 2023 – German Chamber of Industry and Commerce (DIHK) calls for reduction of bureaucracy in Germany and the European Union for the benefit of small and medium-sized enterprises. European Union adds bauxite, alumina, and aluminium to list of strategic raw...

Steel dispute: EU rejects US offer – Stainless Espresso

Jun 30, 2023 | Stainless Espresso

30 June 2023 – The European Union has rejected the US proposal to settle the steel dispute. Not WTO compliant, sources say. But the problems are far greater. And US Section 232 tariffs softened for India? There could be a nasty duck on the way. Source

LME nickel shows further volatility – Stainless Espresso

Jun 29, 2023 | Stainless Espresso

29 June 2023 – The nickel shows volatile, after the court hearing around the manipulations on the LME. Now comes the multimillion dollar damages? Tesla with record second quarter sales in China, but booming Chinese e-vehicle market continues to eat Tesla’s...

The bulls are taking over Wall Street again – Stainless Espresso

Jun 28, 2023 | Stainless Espresso

28 June 2023 – On Wall Street, the bulls take over again after strong US economic data. US manufacturing orders are up in May. Consumer confidence rises to its highest level since the beginning of 2022, and spending on leisure and entertainment increases again,...

India must withdraw WTO cases against Section 232 and others – Stainless Espresso

Jun 27, 2023 | Stainless Espresso

27 June 2023 – While India is still celebrating a supposed victory in the negotiations with the US government on the Section 232 tariffs, there could soon be a sense of gloom on the Indian side. After all, India got nothing in the end. Now official: The EU...