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....
Sep 12, 2024 | Stainless Espresso
12 September 2024 – Russian President Vladimir Putin instructed his Prime Minister Mikhail Mishustin on Wednesday to consider an export ban on nickel, uranium, titanium and other relevant raw materials. Nickel prices on the commodity exchanges reacted sharply to...
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
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...
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...
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...
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....
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...
Sep 3, 2024 | Stainless Espresso
3 September 2024 – The first names revealed for new EU Commissioners, particularly in the important economic and trade resorts, indicate that the second EU reign of Ms von der Leyen is once again likely to be at the expense of liberalisation and market openness....
