Asian stainless steel scrap prices jump up to 4.7% – Stainless Espresso

Feb 20, 2024 | Stainless Espresso

20 February 2024 – Asian prices for stainless steel scrap jumped on Tuesday. In some cases by up to 4.7%. European foreign ministers agree on joint naval mission in the Red Sea. The most modern German air defense frigate has already arrived in Greece....

What a second term in office with von der Leyen could mean – Stainless Espresso

Feb 19, 2024 | Stainless Espresso

19 February 2024 – EU Commission President Ursula von der Leyen is openly considering a second term in office. But apart from favoritism, billions for consultants, accusations of corruption and a lack of transparency, what else is left? And in Asia, the Year of...

USITC extends antidumping against stainless steel from India – Stainless Espresso

Feb 16, 2024 | Stainless Espresso

16 February 2024 – The United States International Trade Commission (USITC) has again extended the antidumping measure against stainless steel from India for 5 years. And caution: Imported material is not only FOB prices for stainless steel. Source

Energy prices in the EU continue to fall – Stainless Espresso

Feb 15, 2024 | Stainless Espresso

15 February 2024 – Energy prices in the EU have continued to fall. Natural gas prices were recently at the same level as in autumn 2018 and at their lowest level since June 2023. Electricity prices were also more than 60% lower in December 2023 than in the...

Coal-based blast furnaces in the EU are on their last legs – Stainless Espresso

Feb 14, 2024 | Stainless Espresso

14 February 2024 – Coal-based blast furnaces in the European Union have reached the end of their life expectancy and are whistling out of the last hole. Are EU subsidy billions being greenwashed with non-existent hydrogen? And stainless steel prices in Europe...