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After tough negotiations: Germany names CBAM authority – Stainless Espresso

Dec 25, 2023 | Stainless Espresso

25 December 2023 – After months of negotiations, Germany finally appoints national CBAM authority: The Federal Environment Agency and the German Emissions Trading Authority (DEHSt) take on the job. And there was a devastating explosion in a nickel factory in...

Scrap: China maintains 40% export tariffs in 2024 – Stainless Espresso

Dec 22, 2023 | Stainless Espresso

22 December 2023 – China maintains 40% export tariffs on ferrous scrap and stainless steel scrap in 2024. And the Stainless Espresso and Gerber Group team wishes you happy holidays. Source

EU Safeguard measure on steel will be extended – Stainless Espresso

Dec 21, 2023 | Stainless Espresso

December 21, 2023 – The drama over steel tariffs between Europe and the United States continues, despite an agreement to extend the punitive tariff suspension until March 2025. Is the EU’s Safeguard measure on steel going into extension? British inflation...

Red Sea route currently too risky: shipping lines take evasive action – Stainless Espresso

Dec 20, 2023 | Stainless Espresso

20 December 2023 – Following attacks in the Red Sea, shipping lines have already reacted and are avoiding the Suez Canal. US destroyers already successfully deployed, more warships on the way. Mexico in the fast lane: economy booming. Majority do not believe in...

UK copies EU: New CO2 border tax from 2027! – Stainless Espresso

Dec 19, 2023 | Stainless Espresso

19 December 2023 – The British government wants to introduce a UK CO2 border tax modelled on the European CBAM from 2027. Is the same chaos threatening here as in the EU? The bureaucratic chaos caused by the EU Commission with the introduction of CBAM is also...

EU sanctions: Double standards for large corporations? – Stainless Espresso

Dec 18, 2023 | Stainless Espresso

18 December 2023 – EU sanctions policy: strict on small and medium-sized importers, but lax on its own large companies? Are European steel companies still supplying Russian arms manufacturers? And on Friday, the Hong Kong stock exchange really took off: the Hang...
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