Raw material costs cause stainless steel prices to rise further30 November 2022 – The ferro-molybdenum price in particular is currently causing stainless steel prices to rise further. But nickel and scrap are also exerting significant upward pressure. EU subsidises ETS certificates with 100 billion euros. Further billions in subsidies are now to follow. Buy European? And where will the raw materials come from in future, Mr Habeck? Source