CBAM, anti-circumvention, and positive developments in Asia – Stainless Espresso
21 August 2023 – No sooner has the EC returned from holiday than it not only presents a hasty final CBAM regulation, but also follows up with several anti-circumvention investigations against stainless steel from Indonesia. While commodity prices in Asia are...
U.S. Department of Energy expands critical materials list – Stainless Espresso
4 August 2023 – The U.S. Department of Energy has expanded its critical materials list in a recent assessment. And found that global nickel demand could lead to critical supply risks. And spot rates for container shipments jumped upward last week. Source
EU: Threat of new stainless steel anti-circumvention case? – Stainless Espresso
3 August 2023 – According recent reports, the European Commission’s Directorate-General for Trade has received a complaint against several countries in relation to possible circumvention of existing anti-dumping and countervailing duties on cold-rolled...
South Korea: Steel scrap imports soar – Stainless Espresso
2 August 2023 – Steel scrap imports to South Korea climbed to their highest level in 13 months in June 2023. Good market sentiment in South Korea largely responsible. And China unveils comprehensive package of measures to support private sector, especially small...