May 25, 2023 | Stainless Espresso
25 May 2023 – China needs more steel scrap. The necessary standards are now to be adapted for this. This is of immense importance for many manufacturers. EAF capacity in China is to be expanded to 400 million tons of steel and stainless steel per year. Aluminum...
May 24, 2023 | Stainless Espresso
24 May 2023 – A green steel clash between steel producers seems increasingly likely. This is because BF/BOF and EAF producers have very different motives, which is also becoming increasingly evident in their green steel initiatives and certification. And the US...
May 23, 2023 | Stainless Espresso
23 May 2023 – The decision on whether to extend the EU Safeguard measure to certain steel products or end it early is due shortly. The EC recently announced the TRQ for steel products between the UK and Ireland. And the ISSF clearly sees a significant increase...
May 22, 2023 | Stainless Espresso
22 May 2023 – We are back as announced and are pleased to announce the launch of the Stainless Espresso Stream. Curious? So are we! UK to impose sanctions on Russian commodities including nickel, aluminium, copper and diamonds. The German stock index DAX shows...
May 16, 2023 | Stainless Espresso
16 May 2023 – No, the makers of Stainless Espresso will not become quieter or stop pointing their fingers critically at what no one else dares to do. No, the makers of Stainless Espresso will not become quieter or stop pointing their fingers critically at what...
May 15, 2023 | Stainless Espresso
15 May 2023 – The Chinese NEV market continues to pick up significantly. Market sources report tight nickel inventories and lack of availability. Nickel inventories at the SHFE continue to be historically low and are down 94% from 2020 levels. And U.S....
May 12, 2023 | Stainless Espresso
12 May 2023 – The Chinese hunger for scrap seems to be awakened if one looks at the current import figures for steel and stainless steel scrap into China. Stainless steel scrap in particular is pulling away tremendously. Bank upgrades outlook for producers in...
May 11, 2023 | Stainless Espresso
11 May 2023 – The European Union could go from being an exporter to an importer of steel scrap in less than 5 years. And as steel production around the world increasingly switches to electric arc furnaces, a race is on for the coveted raw material. US inflation...
May 10, 2023 | Stainless Espresso
10 May 2023 – Demand for base metals, such as aluminum and copper, is meeting an increasingly tight supply. And the expansion of mining capacities is not keeping pace. China is massively expanding EAF capacities for steel, which should soon make scrap even more...
May 9, 2023 | Stainless Espresso
9 May 2023 – For years, the German steel giant thyssenkrupp Steel has been drawing a substantial part of its existence from the German and European taxpayer in the form of direct and indirect subsidies, grants and rescue packages worth billions of euros. There...
