Sep 20, 2024 | Stainless Espresso
20 September 2024 – Base metals on the SHFE commodity exchange showed themselves to be friendly on Friday with rising prices. And European natural gas storage facilities are already 93% full on average and prices, despite some volatility, are now well below the...
Sep 19, 2024 | Stainless Espresso
19 September 2024 – Calls for urgently needed changes to CBAM are now also growing louder from EU stainless steel manufacturers. There are many indications that this is linked to the extreme shortage of stainless steel scrap. And the power poker for important EU...
Sep 18, 2024 | Stainless Espresso
September 18, 2024 – The US government yesterday announced a legislative initiative to amend the existing de minimis shipments rules for imports into the United States. This includes potential new rules for products affected by the steel and aluminum tariffs in...
Sep 17, 2024 | Stainless Espresso
17 September 2024 – German steel has once again reached a high point in a crisis that threatens its very existence. That’s what you might think when politicians, trade unions and steel manufacturers meet for a whingeing summit. Instead of taking...
Sep 16, 2024 | Stainless Espresso
16 September 2024 – EU steel manufacturers cannot produce enough stainless steel to supply the domestic market. This is the conclusion reached by the European Commission’s Joint Research Centre. ‘Compared to other categories, the more limited EU production...
Sep 13, 2024 | Stainless Espresso
13 September 2024 – Building permits in Canada rose surprisingly sharply in August, exceeding analysts’ forecasts by more than three times. European Central Bank cuts key interest rate as expected. And base metal prices in Asia are looking friendly today....