Oct 19, 2023 | Stainless Espresso
19 October 2023 – According to plans of the European Commission and the European Economic and Social Committee, the revenues from the CO2 tax CBAM and the trading of ETS certificates are to be used for the interest and debt repayment of the 800 billion Euro...
Oct 18, 2023 | Stainless Espresso
18 October 2023 – With steel scrap hard to come by in China, steelmakers are scrambling for iron ore. Chinese iron ore stocks have now fallen to their lowest level in 7 years despite high imports. Worldsteel expects demand for steel to continue to grow by up to...
Oct 17, 2023 | Stainless Espresso
16 October 2023 – According to media reports, the UAE has extended the existing export ban on steel and stainless steel scrap until at least December 2023. This is an important indication of the importance of waste in the stainless steel production chain....
Oct 16, 2023 | Stainless Espresso
16 October 2023 – China’s commodity imports remain buoyant in September. Iron ore imports over 100 million tonnes for second month in a row. Support from infrastructure projects. And German carmakers significantly increase exports of e-vehicles and...
Oct 13, 2023 | Stainless Espresso
13 October 2023 – The European Commission (EC) imposed provisional anti-dumping duties on 12 October 2023 on a key raw material used in battery production, among others, but also partly in stainless steel production. And the outlook for US construction stocks...
Oct 12, 2023 | Stainless Espresso
12 October 2023 – Anti-subsidy investigations against Chinese steel the dealmaker in the dispute between the European Union (EU) and the United States? The European Commission appears to have already pulled up stakes, at least morally, in the struggle to reach a...
Oct 11, 2023 | Stainless Espresso
11 October 2023 – After there were questions about the EU anti-circumvention case against stainless steel and the risk with “Consigned from…” we are going into it again today and clarify important points. EU and US close to preliminary...
Oct 10, 2023 | Stainless Espresso
10 October 2023 – Will the anti-circumvention proceedings against stainless steel from Indonesia boomerang on EU Mills? There are indications that this is the case. Nickel price in Asia rises by about 1.8%. And be careful where you ship stainless steel....
Oct 9, 2023 | Stainless Espresso
9 October 2023 – Once again the EU CO2 border tax attracts negative attention and puts the behaviour of the European Commission (EC) in a more than questionable corner. Favouritism at the EC or how critical voices were systematically excluded from CBAM...
Oct 6, 2023 | Stainless Espresso
6 October 2023 – Medium-sized companies in Germany are angrily up in arms against the EU climate tariff CBAM. Because neither the responsibilities have been clarified, nor is there a functioning system and it is becoming increasingly clear that the EC has simply...