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CBAM: The big dirty hole in the EU CO2 tax – Stainless Cappuccino

CBAM: The big dirty hole in the EU CO2 tax – Stainless Cappuccino

Apr 17, 2023 | Stainless Espresso

17 April 2023 – CBAM or the European Union Carbon Border Tax is an important component of the European Green Deal. Although the measure is supposed to contribute to a reduction of CO2 emissions, it is becoming more and more apparent that the EU’s own...
EU stainless steel anti-dumping measure against China and Taiwan extended – Stainless Espresso

EU stainless steel anti-dumping measure against China and Taiwan extended – Stainless Espresso

Apr 14, 2023 | Stainless Espresso

14 April 2023 – The anti-dumping measure against stainless steel tube and pipe butt-welding fittings originating in China and Taiwan has been extended. Up to 64.9% anti-dumping duties. SHFE nickel continues to rise. And what is behind the EU Corporate...
Asian stainless steel market gains further momentum – Stainless Espresso

Asian stainless steel market gains further momentum – Stainless Espresso

Apr 13, 2023 | Stainless Espresso

13 April 2023 After the Chinese stainless steel market had already gained activity, other Asian regions, especially Taiwan, are now also increasing prices for stainless steel. This is likely to hit North America and Europe soon. US reporting season gives hope for...
Chinese stainless steel prices rise significantly – Stainless Espresso

Chinese stainless steel prices rise significantly – Stainless Espresso

Apr 12, 2023 | Stainless Espresso

12 April 2023 – Chinese spot market prices for stainless steel rose significantly today – some grades went up by more than 4%. Nickel prices on the SHFE also went up by about 3%. Market sources expect further price increases. And will Indonesia get its own...
Germany: Automotive sector picks up speed – Stainless Espresso

Germany: Automotive sector picks up speed – Stainless Espresso

Apr 11, 2023 | Stainless Espresso

11 April 2023 – Sentiment in the auto industry in Germany improved significantly in March. Indonesia is desperately trying to get a foothold in the US industry, but is struggling not only with too much Chinese influence and a lack of environmental standards. Demand...
Global supply crunch for metals around the corner? – Stainless Espresso

Global supply crunch for metals around the corner? – Stainless Espresso

Apr 10, 2023 | Stainless Espresso

10 April 2023 – Is the next raw material supply crunch already lying in wait around the next corner? More and more analysts point to declining ore quality and the increasing demand for raw materials for renewable energies. Are supplier countries possibly coming...
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