Commission: No CBAM subsidies for CO2-intensive EU exports – Stainless Espresso

Jul 7, 2025 | Stainless Espresso

7 July 2025 – With its proposals to extend climate targets until 2040, the Commission has also made it clear that it does not intend to subsidise CO2-intensive CBAM exports from Europe. France calls important trading partners crooks and demands more tariffs. Is...

EU Trade Commissioner in Washington, but still no deal in sight? – Stainless Espresso

Jul 4, 2025 | Stainless Espresso

4 July 2025 – European Commissioner for Trade Maroš Šefčovič (S&D) is currently in Washington to negotiate a much-needed trade deal with the US government on behalf of the European Union before 9 July 2025. But can the Trade Commissioner really deliver?...

CISA calls for export restrictions on steel slabs – Stainless Espresso

Jul 3, 2025 | Stainless Espresso

3 July 2025 – CBAM: Commission launches next step in envy battle over carbon border tax. Chinese steel association CISA calls for export restrictions on steel slabs. EU stainless steel manufacturers flood domestic market with Indonesian stainless steel slabs....

German crude steel production dropped in May: What’s really behind it? – Stainless Espresso

Jul 2, 2025 | Stainless Espresso

2 July 2025 – German crude steel production dropped in May 2025: What’s really behind the decline? Aluminium prices on the LME and SHFE commodity exchanges continued to improve in June. LME copper stocks are almost depleted. Source

Base metals steady – copper up more than 1% – Stainless Espresso

Jul 1, 2025 | Stainless Espresso

1 July 2025 – Base metal prices remain steady today on the Shanghai Futures Exchange (SHFE) and the London Metal Exchange (LME), with a mostly positive trend. New EU survey on climate change problematic. Is the Commission deliberately presenting itself in too positive...