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US stainless steel imports pick up significantly in January – Stainless Espresso

US stainless steel imports pick up significantly in January – Stainless Espresso

Feb 21, 2023 | Stainless Espresso

21 February 2023 – Stainless steel imports to the United States increased by more than 38% in January. US stainless steel mills significantly increase 316/316L alloy surcharges for March 2023. And first Chinese provinces ration energy again, again particularly...
Ferrochrome prices strong, availability tight – Stainless Espresso

Ferrochrome prices strong, availability tight – Stainless Espresso

Feb 20, 2023 | Stainless Espresso

20 February 2023 – Supply of ferrochrome and chrome ores remains tight, keeping prices high. Indonesia has a growing dilemma with its nickel. And ArcelorMittal collects Western tax billions for decarbonisation and even wants to increase CO2 emissions tenfold in...
EU Carbon Border Tax CBAM, a growing concern for Africa – Stainless Espresso

EU Carbon Border Tax CBAM, a growing concern for Africa – Stainless Espresso

Feb 17, 2023 | Stainless Espresso

17 February 2023 – African countries could lose 30 to 35% of their exports to Europe with the introduction of the EU Carbon Border Tax (CBAM), according to a recent study. Indonesia wants to maintain its bauxite export ban, but is having growing problems finding...
Skills shortage in mining hits lack of investment – Stainless Espresso

Skills shortage in mining hits lack of investment – Stainless Espresso

Feb 16, 2023 | Stainless Espresso

16 February 2023 – The skills shortage is hitting the mining industry hard. Mining engineering degrees have fallen by up to 63%. At the same time, there is a massive lack of investment. Indonesian stainless steel mill raises prices further. LME nickel stocks at...
Is an important nickel supplier about to collapse? – Stainless Espresso

Is an important nickel supplier about to collapse? – Stainless Espresso

Feb 15, 2023 | Stainless Espresso

15 February 2023 – Is a New Caledonian nickel supplier about to fail? Once again, the company had to be rescued from financial collapse by the state. In 2023, every second new car in the EU is supposed to be fully electric, but will battery production even be...
Case against EU stainless steel anti-dumping measure failed – Stainless Espresso

Case against EU stainless steel anti-dumping measure failed – Stainless Espresso

Feb 14, 2023 | Stainless Espresso

14 February 2023 – Once again, a complaint by the European Court of Justice against an anti-dumping measure on flat-rolled stainless steel imports has been rejected by the EU Court of Justice. Does the EU only care about its mega corporations? HRC prices in...
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