Nov 20, 2023 | Stainless Espresso
20 November 2023 – The EU is negotiating new sanctions against Russia. The 12th package will now also include diamonds and probably also Russian aluminum. At the same time, forces in the EU are trying to negotiate exemptions for Russian steel. While the European...
Nov 17, 2023 | Stainless Espresso
17 November 2023 – The United States and China are drawing closer again following bilateral talks on the sidelines of the Asia-Pacific Economic Community (Apec) summit in San Francisco. And Chinese industrial production continues to grow in October. Especially...
Nov 16, 2023 | Stainless Espresso
16 November 2023 – A huge total economic loss of more than 10 billion euros per year is likely to be incurred by EU industry due to incorrect assumptions made by the European Commission when developing the CO2 border adjustment tax CBAM. And the US steel...
Nov 15, 2023 | Stainless Espresso
15 November 2023 – The surprisingly low US inflation data has amazed analysts positively. At the same time, good data comes from Europe. And the German share index DAX reacted with a price firework. In addition, the mood in the German economy brightened...
Nov 14, 2023 | Stainless Espresso
14 November 2023 – US and Indonesia are working on a closer strategic partnership. And while the United States and Indonesia are considering more economic cooperation, the EU is only watching from the sidelines. US banks show strength and Goldman Sachs sees...
Nov 13, 2023 | Stainless Espresso
13 November 2023 – Chinese steel mills were able to expand production after a significant increase in profits. However, strict environmental regulations are unlikely to allow for much production expansion. Chinese exports, particularly to the EU and the Middle...
Nov 10, 2023 | Stainless Espresso
10 November 2023 – German industry is struggling with significantly higher electricity prices compared to China and even more so compared to France. For this reason, German industry is now to receive a significant reduction in electricity prices. However, the...
Nov 9, 2023 | Stainless Espresso
9 November 2023 – There is growing international opposition to the EU CO2 tax CBAM and not only the World Trade Organisation (WTO) considers the measure to be questionable in terms of trade policy. And in the United States, HRC prices continue to rise while EU...
Nov 8, 2023 | Stainless Espresso
8 November 2023 – What do cold rolling, anti-circumvention and Swedish shelves actually have in common? European natural gas prices continue to fall. And US imports have risen significantly and are already above 2019 levels. Source
Nov 8, 2023 | Stainless Espresso
8 November 2023 – The European Commission’s recent anti-circumvention proceedings against cold-rolled stainless steel from Taiwan, Turkey, and Vietnam in relation to existing anti-dumping and countervailing measures against Indonesia show once again how...
