USITC extends antidumping against stainless steel from India – Stainless Espresso

Feb 16, 2024 | Stainless Espresso

16 February 2024 – The United States International Trade Commission (USITC) has again extended the antidumping measure against stainless steel from India for 5 years. And caution: Imported material is not only FOB prices for stainless steel. Source

Energy prices in the EU continue to fall – Stainless Espresso

Feb 15, 2024 | Stainless Espresso

15 February 2024 – Energy prices in the EU have continued to fall. Natural gas prices were recently at the same level as in autumn 2018 and at their lowest level since June 2023. Electricity prices were also more than 60% lower in December 2023 than in the...

Coal-based blast furnaces in the EU are on their last legs – Stainless Espresso

Feb 14, 2024 | Stainless Espresso

14 February 2024 – Coal-based blast furnaces in the European Union have reached the end of their life expectancy and are whistling out of the last hole. Are EU subsidy billions being greenwashed with non-existent hydrogen? And stainless steel prices in Europe...

Strikes shake EU stainless steel mills – Stainless Espresso

Feb 13, 2024 | Stainless Espresso

13 February 2024 – Several EU stainless steel mills are acutely affected by strikes. While there have been repeated strikes in Finland for several weeks, some lasting several days, stainless steel workers in Cadiz, Spain, are on indefinite strike. This is...

EU Safeguard extension already decided? – Stainless Espresso

Feb 12, 2024 | Stainless Espresso

12 February 2024 – Last Friday, the European Commission unsurprisingly opened an investigation into a possible extension of the EU Safeguard measure on certain steel products. But is this really a genuine procedure or just a waste of time and already decided?...

EC Starts Review of EU Safeguard Measures on Steel – Stainless Espresso

Feb 9, 2024 | Stainless Espresso

February 9, 2024 – The European Commission officially announced today, Friday, February 9, 2024, that the EU Safeguard Measure is to be reviewed for a possible extension. This is backed by 14 member states who had already requested a review from the EC in...

EC starts review of Safeguard Measures – Stainless Espresso

Feb 9, 2024 | Stainless Espresso

9 February 2024 – The European Commission officially announced today that the EU Safeguard Measure on certain steel products, which was due to expire in mid-2024, is to be reviewed at the urging of 14 EU member states and is therefore likely to be extended to...

Important economic indicator: Taiwan’s exports keep growing – Stainless Espresso

Feb 8, 2024 | Stainless Espresso

8 February 2024 – Taiwan’s exports are considered an important economic indicator for global development and the positive recovery trend since June 2023 continued in January. The reports of well-filled order books at the stainless steel plants there and...

No new EU sanctions against Russian aluminum? – Stainless Espresso

Feb 7, 2024 | Stainless Espresso

7 February 2024 – While the EU Commission continues to shy away from sanctions against Russian aluminum and is looking for simple solutions, it is increasingly offending economic allies elsewhere. And will the demand to extend the EU Safeguard Measure to certain...

Excessive EU market protection at the expense of security of supply? – Stainless Cappuccino

Feb 7, 2024 | Stainless Espresso

7 February 2024 – A completely different take on two annoying market protection procedures by the European Commission. A scenario in which the security of supply of the entire EU would be at risk and security in the EU is being dangerously jeopardized on the...