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Stainless Espresso: EU decision on scrap export ban postponed until early 2023?

Nov 3, 2022 | Stainless Espresso

3 November 2022 – Has the vote on the controversial EU Waste Shipment Regulation been postponed? Is this to give lobby groups more influence on the voting behaviour of the European parliamentarians? Green-washing strategy of EU steel producers in danger due to...

Stainless Espresso: Ferrochrome stabilised, but supply secured?

Nov 2, 2022 | Stainless Espresso

2 November 2022 – Ferrochrome prices have stabilised recently and have increased by more than 16.5% since mid-September. Among other things, this could be related to a supply problem with chrome ores. After nickel had already risen by more than 3% in October, it...

Stainless Espresso: Is Indonesia planning OPEC-like organisation for EV battery metals?

Nov 1, 2022 | Stainless Espresso

1 November 2022 – The government of Indonesia seems to be actively considering an OPEC-like cartel for EV battery metals. At the same time, the nickel export tax is being brought back into the race, while the Philippines is cracking down on illegal mining and...

Stainless Espresso: Does LME urgently need to increase liquidity on the trading venue?

Oct 28, 2022 | Stainless Espresso

28 October 2022 – The LME launches new ferrous futures to increase liquidity on the trading floor. Indian steel export tax so far with no sign of end. And is the European steel industry playing creatively with the green steel numbers again? Source

Stainless Espresso: Germany urgently seeks new raw material suppliers

Oct 27, 2022 | Stainless Espresso

27 October 2022 – German companies are urgently looking for new suppliers of raw materials and intermediate products to reduce their dependence on China and Russia. China is importing more stainless steel again. And good economic data from Japan and Mexico....
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Gerber Steel South-West

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