Jan 8, 2024 | Stainless Espresso
8 January 2024 – The European stainless steel market has started 2024 with an optimistic outlook and sees a great deal of pent-up demand coming from the domestic industry. Local steel manufacturers are being overwhelmed by a flood of imports from China, while at...
Dec 29, 2023 | Stainless Espresso
29 December 2023 – Shortly before Christmas, on 22 December 2023, the European Commission published the default data for the upcoming CBAM declarations from January 2024. The Commission had already published the basic studies on this in June 2022 and September...
Dec 25, 2023 | Stainless Espresso
25 December 2023 – After months of negotiations, Germany finally appoints national CBAM authority: The Federal Environment Agency and the German Emissions Trading Authority (DEHSt) take on the job. And there was a devastating explosion in a nickel factory in...
Dec 22, 2023 | Stainless Espresso
22 December 2023 – China maintains 40% export tariffs on ferrous scrap and stainless steel scrap in 2024. And the Stainless Espresso and Gerber Group team wishes you happy holidays. Source
Dec 21, 2023 | Stainless Espresso
December 21, 2023 – The drama over steel tariffs between Europe and the United States continues, despite an agreement to extend the punitive tariff suspension until March 2025. Is the EU’s Safeguard measure on steel going into extension? British inflation...
Dec 20, 2023 | Stainless Espresso
20 December 2023 – Following attacks in the Red Sea, shipping lines have already reacted and are avoiding the Suez Canal. US destroyers already successfully deployed, more warships on the way. Mexico in the fast lane: economy booming. Majority do not believe in...
Dec 19, 2023 | Stainless Espresso
19 December 2023 – The British government wants to introduce a UK CO2 border tax modelled on the European CBAM from 2027. Is the same chaos threatening here as in the EU? The bureaucratic chaos caused by the EU Commission with the introduction of CBAM is also...
Dec 18, 2023 | Stainless Espresso
18 December 2023 – EU sanctions policy: strict on small and medium-sized importers, but lax on its own large companies? Are European steel companies still supplying Russian arms manufacturers? And on Friday, the Hong Kong stock exchange really took off: the Hang...
Dec 15, 2023 | Stainless Espresso
15 December 2023 – Mega construction contracts for US industry: By 2030, the USA could be awarding contracts worth 60 billion dollars a year to plant manufacturers. EU bureaucracy: Absurd steel quotas for UK-Northern Ireland! Can Brussels actually be simple?...
Dec 14, 2023 | Stainless Espresso
14 December 2023 – Fitch Ratings has updated its outlook for raw materials. The analysts have a positive outlook for copper, iron ore and coal in particular. And in the EU in particular, there is likely to be an increasing shortage of stainless steel scrap. The...
