German BGH judgement: End for Green Steel intransparency? – Stainless Espresso

Jun 28, 2024 | Stainless Espresso

28 June 2024 – Is this the end for Green Steel intransparency? In a groundbreaking judgement, the German Federal Court of Justice (BGH) recently put a stop to misleading advertising with labels such as “climate neutral”. Author of the EU Green Deal...

China with significant export growth in June? – Stainless Espresso

Jun 27, 2024 | Stainless Espresso

27 June 2024 – Economists expect export growth in China to be significantly higher than previously assumed. US communication service providers show strong performance. And criticism from Germany: EU not making progress on trade agreement. Source

The game for EU posts seems to be entering the next round – Stainless Espresso

Jun 26, 2024 | Stainless Espresso

26 June 2024 – The EU has taken another turn in the game for important posts in the Commission. But with the nomination of Ursula von der Leyen by the member states, has the ruler of Brussels already won? Because the EU Parliament does not particularly like von...

EU Safeguard measure officially extended until June 2026 – Stainless Espresso

Jun 25, 2024 | Stainless Espresso

25 June 2024 – The European Commission has officially extended EU Safeguard Measure until June 2026 despite massive criticism from European consumers. And will thyssenkrupp Steel Europe have its own climate targets confirmed in order to enable indulgence...

Nickel surpluses – what are they all about? – Stainless Espresso

Jun 24, 2024 | Stainless Espresso

24 June 2024 – According to the World Bureau of Metal Statistics (WBMS), almost 97.5% of the world’s refined nickel production was consumed directly from January to April 2024. Just 2.5% could be allocated to so-called surplus production, which corresponds...

EU Safeguard extension: Italian steel association rebels – Stainless Espresso

Jun 21, 2024 | Stainless Espresso

21 June 2024 – The Italian steel association Assofermet is concerned about the EU Safeguard extension until 2026 and sees a further gap of more than 1.6 million tonnes of steel coming to the EU economy due to new quota regulations. But are press releases still...

Investment professionals are back in equities – Stainless Espresso

Jun 20, 2024 | Stainless Espresso

20 June 2024 – The mood among professional investors continues to improve. They are holding less cash than they have for three years. And the parties in the UK want to boost the construction industry again. Source

India fails again with EU Safeguard exemption – Stainless Espresso

Jun 18, 2024 | Stainless Espresso

18 June 2024 – India has again failed in its negotiations with the EU for an exemption from the EU Safeguard Measure on certain steel products. EU Job Poker: No agreement yet, Von der Leyen still fears for her job. Source

EU and UK stock markets start the week on a positive note – Stainless Espresso

Jun 17, 2024 | Stainless Espresso

17 June 2024 – The stock markets in the European Union and the United Kingdom got off to a positive start to the week. The Bank of England’s latest interest rate decision is due on Thursday. And Goldman Sachs is significantly raising its year-end target...

Indonesian stainless steel cold rolling mill stops production – Stainless Espresso

Jun 14, 2024 | Stainless Espresso

14 June 2024 – A major Indonesian stainless steel cold rolling mill has announced that it will suspend production for several months. There has been another serious explosion in a nickel smelter in Indonesia’s Morowali Industrial Park and chrome ore and...