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China adds steel, aluminium and cement to carbon market – Stainless Espresso

Sep 11, 2024 | Stainless Espresso

11 September 2024 – China has announced plans to add steel, aluminium and cement to its carbon trading scheme. And nickel prices on the SHFE commodity exchange have risen. Nickel on the LME also rose significantly shortly after the start of trading. Source

Stainless steel: EU steel lobby files lawsuit against market protection measure – Stainless Espresso

Sep 10, 2024 | Stainless Espresso

10 September 2024 – EU steel lobby files lawsuit against results of anti-circumvention investigation against stainless steel from Indonesia, Taiwan, Vietnam and Turkey. And the Draghi Report on EU competitiveness calls for cutting red tape and abandoning the...

Latest EUROFER figures (deliberately?) wrong! – Stainless Espresso

Sep 9, 2024 | Stainless Espresso

9 September 2024 – The latest EUROFER press release on the alleged crisis in the steel industry in the European Union is based on (deliberately?) false data. And Taiwan could make the entire stainless steel industry almost CO2-neutral in one fell swoop with a...

Is the dispute over green EU lead markets for steel escalating? – Stainless Espresso

Sep 6, 2024 | Stainless Espresso

6 September 2024 – While the EU steel lobby is working hard to force the European economy to buy green steel, the important automotive industry is opposing the possible diktat from Brussels. Is the dispute escalating now? And will Italy’s proposal for an...

Germany: Positive data from the economy – Stainless Espresso

Sep 5, 2024 | Stainless Espresso

5 September 2024 – The German construction industry can already look forward to higher incoming orders in 2024, while at the same time demand for construction financing is already 18% higher than in the previous year. In Switzerland, inflation is on the decline....

Stainless steel: Ferrochrome prices remain stable – Stainless Espresso

Sep 4, 2024 | Stainless Espresso

4 September 2024 – Asian ferrochrome prices, which are relevant for stainless steel production among other things, have been extremely stable for some time, despite occasional volatility for several months. And is this report too politically explosive? After a...
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