EU and Mercosur on the brink of important free trade agreement – Stainless Espresso

Dec 9, 2024 | Stainless Espresso

9 December 2024 – EU and Mercosur conclude important free trade agreement after long negotiations and despite massive criticism from France. Diplomatic row between France and Brussels. And this Monday, another summit on the failed steel policy takes place in the...

SMEs again just a side note for the work of the EU Commission? – Stainless Espresso

Dec 6, 2024 | Stainless Espresso

6 December 2024 – A leaked draft of the “Commission work program 2025” already suggests that SMEs could once again be just a buzzword for the new Commission President in her second term of office instead of being a central focus of her work. And the Chinese...

US economy impresses with strength – Stainless Espresso

Dec 5, 2024 | Stainless Espresso

5 December 2024 – The latest economic data from the US points to continued stability and momentum. And the German share index DAX continues to hold near its recent record level. Source

EU Commission to look for Steel Safeguard successor – Stainless Espresso

Dec 4, 2024 | Stainless Espresso

4 December 2024 – The EU Commission wants to look for a successor to the EU Safeguard measure on certain steel products, which expires in July 2026, and thus continue to put the steel processing industry in Europe at a considerable competitive disadvantage. Base...

Japan’s economy recovering: industry and retail trade surprise positively – Stainless Espresso

Dec 3, 2024 | Stainless Espresso

3 December 2024 – Japan’s economy is in good spirits and on the road to recovery, as the latest industrial and retail data show. And Dalian iron ore futures reach two-month high on stimulus optimism and steelmaker restocking. Source

Credit growth in the eurozone continues to pick up – Stainless Espresso

Dec 2, 2024 | Stainless Espresso

2 December 2024 – Companies and households ensure renewed credit growth in the eurozone. Further increase expected for 2025. And the EU Commission wants to set up a task force to implement the Draghi Report in order to improve the competitiveness of domestic...