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...
Dec 13, 2023 | Stainless Espresso
13 December 2023 – Indonesian nickel smelters without their own mines are facing growing problems – Indonesian government warns again of scarce nickel ore reserves and deteriorating nickel quality. US inflation continues to fall and overall inflation has...
Dec 12, 2023 | Stainless Espresso
12 December 2023 – The Association of European Aluminium Producers is calling for more consistent sanctions against Russian raw aluminium. And the US Environmental Protection Agency (EPA) wants US steel manufacturers to be subject to new environmental...
Dec 11, 2023 | Stainless Espresso
11 December 2023 – The steel tariff dispute between the EU and the US threatens to escalate again. Brussels is already considering reviving its case against Section 232 at the WTO – allegedly as a preventative measure. A clear threat to Washington? And the...
Dec 8, 2023 | Stainless Espresso
8 December 2023 – British steel manufacturers see their supply of ferrous scrap under threat and are calling on the government to drastically reduce exports of scrap from the UK. And Mexico benefits from the economic strength of the United States. Source
Dec 7, 2023 | Stainless Espresso
7 December 2023 – The US construction boom in the non-residential construction sector continues for the 17th consecutive month. Construction activity in the manufacturing sector is even up by more than 71% year-on-year. This is pushing up steel prices in the...
Dec 6, 2023 | Stainless Espresso
December 6, 2023 – Sensation at the German stock exchange: The DAX reached an all-time high yesterday! In November, it gained almost 10% – a real boom! And the US job market is slightly relaxing: Good news for the markets. Source
