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EU CBAM: Serious technical problems persist – Stainless Espresso

Jan 25, 2024 | Stainless Espresso

25 January 2024 – After more than two years of development and four months of live operation, the EU CBAM portal is still not ready for use. Technical problems make it impossible to submit the mandatory CBAM reports. And companies in the eurozone are much more...

Belgium calls for a massive reduction in EU bureaucracy – Stainless Espresso

Jan 24, 2024 | Stainless Espresso

24 January 2024 – Belgium, which currently holds the EU Council Presidency, is calling for a massive reduction in red tape and an improvement in the investment climate in the European Union. What needs to be implemented most urgently and immediately!...

EU member states agree on military deployment in the Red Sea – Stainless Espresso

Jan 23, 2024 | Stainless Espresso

23 January 2024 – The EU member states have agreed on a military deployment of their navies in the Red Sea. Germany wants to participate with the ultra-modern frigate Hessen, which specializes in air defence. And according to various media reports, the United...

EU natural gas prices at lowest level since August 2021 – Stainless Espresso

Jan 22, 2024 | Stainless Espresso

22 January 2024 – European natural gas prices have continued to fall significantly recently due to the mild winter and high inventories and are at their lowest level since August 2021. And US consumer confidence and economic expectations for 2024 have jumped by...

Stainless steel futures up more than 10% since the beginning of December – Stainless Espresso

Jan 19, 2024 | Stainless Espresso

19 January 2024 – Asian stainless steel futures have recovered significantly since the beginning of December 2023, rising by more than 10%. And the tech giants in the S&P 500 have posted a return of 100% in 2023. Source
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Gerber Steel South-West

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