UK copies EU: New CO2 border tax from 2027! – Stainless Espresso

Dec 19, 2023 | Stainless Espresso

19 December 2023 – The British government wants to introduce a UK CO2 border tax modelled on the European CBAM from 2027. Is the same chaos threatening here as in the EU? The bureaucratic chaos caused by the EU Commission with the introduction of CBAM is also...

EU sanctions: Double standards for large corporations? – Stainless Espresso

Dec 18, 2023 | Stainless Espresso

18 December 2023 – EU sanctions policy: strict on small and medium-sized importers, but lax on its own large companies? Are European steel companies still supplying Russian arms manufacturers? And on Friday, the Hong Kong stock exchange really took off: the Hang...

USA in a construction frenzy: mega orders for industry – Stainless Espresso

Dec 15, 2023 | Stainless Espresso

15 December 2023 – Mega construction contracts for US industry: By 2030, the USA could be awarding contracts worth 60 billion dollars a year to plant manufacturers. EU bureaucracy: Absurd steel quotas for UK-Northern Ireland! Can Brussels actually be simple?...

Fitch has a positive outlook for copper, iron ore and coal in 2024 – Stainless Espresso

Dec 14, 2023 | Stainless Espresso

14 December 2023 – Fitch Ratings has updated its outlook for raw materials. The analysts have a positive outlook for copper, iron ore and coal in particular. And in the EU in particular, there is likely to be an increasing shortage of stainless steel scrap. The...

Nickel shortage in Indonesia: smelters facing problems – Stainless Espresso

Dec 13, 2023 | Stainless Espresso

13 December 2023 – Indonesian nickel smelters without their own mines are facing growing problems – Indonesian government warns again of scarce nickel ore reserves and deteriorating nickel quality. US inflation continues to fall and overall inflation has...