Aug 21, 2023 | Stainless Espresso
21 August 2023 – No sooner has the EC returned from holiday than it not only presents a hasty final CBAM regulation, but also follows up with several anti-circumvention investigations against stainless steel from Indonesia. While commodity prices in Asia are...
Aug 4, 2023 | Stainless Espresso
4 August 2023 – The U.S. Department of Energy has expanded its critical materials list in a recent assessment. And found that global nickel demand could lead to critical supply risks. And spot rates for container shipments jumped upward last week. Source
Aug 3, 2023 | Stainless Espresso
3 August 2023 – According recent reports, the European Commission’s Directorate-General for Trade has received a complaint against several countries in relation to possible circumvention of existing anti-dumping and countervailing duties on cold-rolled...
Aug 2, 2023 | Stainless Espresso
2 August 2023 – Steel scrap imports to South Korea climbed to their highest level in 13 months in June 2023. Good market sentiment in South Korea largely responsible. And China unveils comprehensive package of measures to support private sector, especially small...
Aug 1, 2023 | Stainless Espresso
1 August 2023 – Stainless steel prices in Taiwan continue to rise in August 2023, and prices in the European Union have also increased, sometimes significantly. And in Asia, commodity prices continue to rise. SHFE copper stocks continue to fall. Source
Jul 31, 2023 | Stainless Espresso
31 July 2023 – The top German economist and advisor to the Federal Ministry of Finance Lars Feld gave a fascinating interview on the development of the economic situation in Germany and spoke from the heart: “Hysteria is getting on the nerves”! And...
Jul 28, 2023 | Stainless Espresso
28 July 2023 – Everything so bad in the market? It doesn’t seem so, as it turns out that some of the Safeguard import quotas are already well filled, such as for stainless steel bars. And US homebuilder stocks are up a good 50% since the beginning of the...
Jul 27, 2023 | Stainless Espresso
27 July 2023 – Spanish stainless steel producer Acerinox, in releasing its Q2 and H1 2023 results, also indicated that destocking in Europe is almost complete and prices are expected to rise. And the DOW Jones Index continues to rise for the 13th day in a row. ...
Jul 26, 2023 | Stainless Espresso
26 July 2023 – According to data released yesterday, the US housing market continued to recover in May. And German hydrogen strategy is to be revised after more than two years of not even reaching 1.6% of the 5 GW green H2 expansion target by 2030, whether it...
Jul 25, 2023 | Stainless Espresso
25 July 2023 – Negotiations in the steel dispute between the United States and the European Union appear to have reached an impasse. The US side’s displeasure is evident in a recent press release. The Europeans remain silent. And China signals further...
