Rising steel demand: China launches new mega-dam project – Stainless Espresso

Jul 22, 2025 | Stainless Espresso

22 July 2025 – The Chinese government announced the launch of a new hydropower project on the Yarlung Zangbo River in Tibet at the weekend. Steel demand in China likely to rise significantly. EU steel producers responsible for increase in Chinese imports. Is the...

Ailing infrastructure: No European Green Deal without electricity – Stainless Espresso

Jul 21, 2025 | Stainless Espresso

21 July 2025 – Nickel prices on the Asian SHFE rose today, Monday, after already posting gains last Friday. Stainless steel scrap prices in Asia are rising, in some cases significantly. Ailing infrastructure: How the European Green Deal is failing due to the...

Prices for Chinese hot rolled coil continue upward trend – Stainless Espresso

Jul 18, 2025 | Stainless Espresso

18 July 2025 – Spot market prices for hot rolled coil (HRC) in China posted further gains this week. Other steel products also continued to rise in price. The German Federal Senate calls on federal government to implement EU Steel and Metals Action Plan, even...

Asian iron ore prices rise above USD 100 per tonne – Stainless Espresso

Jul 17, 2025 | Stainless Espresso

17 July 2025 – Iron ore prices on the Singapore Exchange (SGX) had already exceeded USD 100 per tonne yesterday (Wednesday) and rose further today. China sees increase in construction activity. US aluminium premiums remain at record high. Von der Leyen’s...

Germany demands too one-sided bureaucracy reduction from Brussels – Stainless Espresso

Jul 16, 2025 | Stainless Espresso

16 July 2025 – Germany demands too one-sided bureaucracy reduction from Brussels. Chancellor Merz must now avoid the mistakes of his failed predecessor! Today’s showdown in the tax revolt against von der Leyen? Base metals continue in stable sideways...