EU Circumvention claims against stainless steel not tenable? – Stainless Espresso

Oct 5, 2023 | Stainless Espresso

5 October 2023 – The circumvention claims made by EUROFER and EU stainless steel producers against cold-rolled stainless steel products from Turkey, Taiwan and Vietnam originating in Indonesia are proving to be extremely shaky and contrived after only a brief...

Tightening of EU scrap export ban in planning? – Stainless Espresso

Oct 4, 2023 | Stainless Espresso

4 October 2023 – Are European steelmakers working on tightening the EU ferrous scrap export ban? Large-scale green DRI production already off the table? And UK consumer stocks have been strong so far in 2023. Source

China’s economy continues to stabilise in September – Stainless Espresso

Oct 3, 2023 | Stainless Espresso

3 October 2023 – The Chinese economy continued to stabilise in September 2023. This is shown by the latest PMI data for the manufacturing and service sectors in China. Aluminium stocks continued to fall due to stable and growing demand from China. Source

EU CBAM transition phase gets off to a more than jerky start – Stainless Espresso

Oct 2, 2023 | Stainless Espresso

2 October 2023 – The EU Carbon Border Tax CBAM launched on 1 October is already proving to be unfinished at the start. Not even all competent authorities in the member states have been determined. German authorities clueless about CBAM? Positive: And the US ISM...

EU sanctions against Russian steel imports from 30 September 2023 – Stainless Espresso

Sep 29, 2023 | Stainless Espresso

29 September 2023 – New EU sanctions against Russian steel products will come into force on 30 September, requiring manufacturers to prove that their processed products do not contain Russian steel. This is likely to affect India in particular. In China, the...