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What a second term in office with von der Leyen could mean – Stainless Espresso

Feb 19, 2024 | Stainless Espresso

19 February 2024 – EU Commission President Ursula von der Leyen is openly considering a second term in office. But apart from favoritism, billions for consultants, accusations of corruption and a lack of transparency, what else is left? And in Asia, the Year of...

USITC extends antidumping against stainless steel from India – Stainless Espresso

Feb 16, 2024 | Stainless Espresso

16 February 2024 – The United States International Trade Commission (USITC) has again extended the antidumping measure against stainless steel from India for 5 years. And caution: Imported material is not only FOB prices for stainless steel. Source

Energy prices in the EU continue to fall – Stainless Espresso

Feb 15, 2024 | Stainless Espresso

15 February 2024 – Energy prices in the EU have continued to fall. Natural gas prices were recently at the same level as in autumn 2018 and at their lowest level since June 2023. Electricity prices were also more than 60% lower in December 2023 than in the...

Coal-based blast furnaces in the EU are on their last legs – Stainless Espresso

Feb 14, 2024 | Stainless Espresso

14 February 2024 – Coal-based blast furnaces in the European Union have reached the end of their life expectancy and are whistling out of the last hole. Are EU subsidy billions being greenwashed with non-existent hydrogen? And stainless steel prices in Europe...

Strikes shake EU stainless steel mills – Stainless Espresso

Feb 13, 2024 | Stainless Espresso

13 February 2024 – Several EU stainless steel mills are acutely affected by strikes. While there have been repeated strikes in Finland for several weeks, some lasting several days, stainless steel workers in Cadiz, Spain, are on indefinite strike. This is...

EU Safeguard extension already decided? – Stainless Espresso

Feb 12, 2024 | Stainless Espresso

12 February 2024 – Last Friday, the European Commission unsurprisingly opened an investigation into a possible extension of the EU Safeguard measure on certain steel products. But is this really a genuine procedure or just a waste of time and already decided?...
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