Rising steel demand: China launches new mega-dam project – Stainless Espresso

Jul 22, 2025 | Stainless Espresso

22 July 2025 – The Chinese government announced the launch of a new hydropower project on the Yarlung Zangbo River in Tibet at the weekend. Steel demand in China likely to rise significantly. EU steel producers responsible for increase in Chinese imports. Is the...

Ailing infrastructure: No European Green Deal without electricity – Stainless Espresso

Jul 21, 2025 | Stainless Espresso

21 July 2025 – Nickel prices on the Asian SHFE rose today, Monday, after already posting gains last Friday. Stainless steel scrap prices in Asia are rising, in some cases significantly. Ailing infrastructure: How the European Green Deal is failing due to the...

Prices for Chinese hot rolled coil continue upward trend – Stainless Espresso

Jul 18, 2025 | Stainless Espresso

18 July 2025 – Spot market prices for hot rolled coil (HRC) in China posted further gains this week. Other steel products also continued to rise in price. The German Federal Senate calls on federal government to implement EU Steel and Metals Action Plan, even...

Asian iron ore prices rise above USD 100 per tonne – Stainless Espresso

Jul 17, 2025 | Stainless Espresso

17 July 2025 – Iron ore prices on the Singapore Exchange (SGX) had already exceeded USD 100 per tonne yesterday (Wednesday) and rose further today. China sees increase in construction activity. US aluminium premiums remain at record high. Von der Leyen’s...

Germany demands too one-sided bureaucracy reduction from Brussels – Stainless Espresso

Jul 16, 2025 | Stainless Espresso

16 July 2025 – Germany demands too one-sided bureaucracy reduction from Brussels. Chancellor Merz must now avoid the mistakes of his failed predecessor! Today’s showdown in the tax revolt against von der Leyen? Base metals continue in stable sideways...

Stainless steel scrap remains tight in Asia – Stainless Espresso

Jul 15, 2025 | Stainless Espresso

15 July 2025 – The supply situation for stainless steel scrap in China remains tight, which is stabilising prices for scrap and finished products. Are EU steel mills really in crisis? Or is there something else going on here? Source

Is the EU Commission planning a turnover tax for companies? – Stainless Espresso

Jul 14, 2025 | Stainless Espresso

14 July 2025 – According to media reports, the EU Commission is planning to introduce a sales tax for companies to replace the digital services tax – even though it already generates revenue from VAT collected by EU member states. US President announces...

Green steel: Social democratic utopia or subsidy reality? – Stainless Espresso

Jul 11, 2025 | Stainless Espresso

11 July 2025 – Nickel prices in Asia rose again on Friday. Green steel: Social democratic utopia or subsidy reality? This question is once again justified when former SPD officials end up in the boardrooms and supervisory boards of the German steel industry...

How stable are the EU-US trade deal negotiations really? – Stainless Espresso

Jul 10, 2025 | Stainless Espresso

10 July 2025 – Behind the façade of progress – How stable are the EU-US trade negotiations really? German Federal Minister for Economic Affairs opposes new tariffs. US aluminium premiums reach new record high. Source

EU steel lobby calls for new steel protection shield as early as January 2026 – Stainless Espresso

Jul 9, 2025 | Stainless Espresso

9 July 2025 – With increasingly drastic demands, the EU steel lobby is pushing for an excessive expansion of EU steel tariffs from January 2026. US copper prices jump to record highs. BRICS condemn Western climate protectionism. Source