Commission: No CBAM subsidies for CO2-intensive EU exports – Stainless Espresso

Jul 7, 2025 | Stainless Espresso

7 July 2025 – With its proposals to extend climate targets until 2040, the Commission has also made it clear that it does not intend to subsidise CO2-intensive CBAM exports from Europe. France calls important trading partners crooks and demands more tariffs. Is...

EU Trade Commissioner in Washington, but still no deal in sight? – Stainless Espresso

Jul 4, 2025 | Stainless Espresso

4 July 2025 – European Commissioner for Trade Maroš Šefčovič (S&D) is currently in Washington to negotiate a much-needed trade deal with the US government on behalf of the European Union before 9 July 2025. But can the Trade Commissioner really deliver?...

CISA calls for export restrictions on steel slabs – Stainless Espresso

Jul 3, 2025 | Stainless Espresso

3 July 2025 – CBAM: Commission launches next step in envy battle over carbon border tax. Chinese steel association CISA calls for export restrictions on steel slabs. EU stainless steel manufacturers flood domestic market with Indonesian stainless steel slabs....

German crude steel production dropped in May: What’s really behind it? – Stainless Espresso

Jul 2, 2025 | Stainless Espresso

2 July 2025 – German crude steel production dropped in May 2025: What’s really behind the decline? Aluminium prices on the LME and SHFE commodity exchanges continued to improve in June. LME copper stocks are almost depleted. Source

Base metals steady – copper up more than 1% – Stainless Espresso

Jul 1, 2025 | Stainless Espresso

1 July 2025 – Base metal prices remain steady today on the Shanghai Futures Exchange (SHFE) and the London Metal Exchange (LME), with a mostly positive trend. New EU survey on climate change problematic. Is the Commission deliberately presenting itself in too positive...

Nickel back at USD 20,000 per tonne by the end of the year? – Stainless Espresso

Jun 30, 2025 | Stainless Espresso

30 June 2025 – Analysts currently expect nickel prices to rise significantly again in the second half of 2025 due to the scarce availability of nickel ore and the closure of several mines in Indonesia. EU member states agree to modernise their customs...

EU steel makers report highest turnovers in decades – Stainless Espresso

Jun 27, 2025 | Stainless Espresso

27 June 2026 – The myth of crisis-ridden steel makers in Europe is increasingly falling apart. The latest figures from steel lobbyists for 2024 show that sales have once again risen significantly and have now reached their highest level ever. Raw material prices in...

Asian nickel prices rose significantly on Thursday – Stainless Espresso

Jun 26, 2025 | Stainless Espresso

26 June 2025 – Asian nickel prices on the SHFE commodity exchange rose by more than 2.3% today. Other base metals also performed well on the SHFE today, posting gains. More bureaucracy from Brussels: EU regulation for end-of-life vehicles faces growing...

Export taxes on steel and aluminium scrap demanded – Stainless Espresso

Jun 25, 2025 | Stainless Espresso

25 June 2025 – EU steel and aluminium mills have once again called for tighter export restrictions on scrap. But does the call for an export tax on scrap stand up to scrutiny? Base metals in Europe and Asia continue to show a stable sideways trend. Source

Criticism: Brussels too fragmented in tariffs dispute with the US – Stainless Espresso

Jun 24, 2025 | Stainless Espresso

24 June 2025 – German Chancellor Friedrich Merz (CDU) yesterday expressed strong criticism of the EU Commission’s negotiating strategy at the Industry Day in Berlin and called for changes. Most base metals on the LME moved sideways at the start of trading...