Feb 23, 2023 | Stainless Espresso
23 February 2023 – Scrap exports from the EU are to be banned. This could be a boomerang for steel producers. Is the demand for a steel export ban coming? US HRC prices jump significantly upwards. Goldman Sachs sees rising commodity prices coming in 2023 with...
Feb 22, 2023 | Stainless Espresso
22 February 2023 – Russian mining group Norilsk Nickel seems to be thinking about stopping its sales to Europe. This could pose a huge problem for the EU, which gets about 50% of the important raw material from Russia. Stainless steel prices in China are rising....
Feb 21, 2023 | Stainless Espresso
21 February 2023 – Stainless steel imports to the United States increased by more than 38% in January. US stainless steel mills significantly increase 316/316L alloy surcharges for March 2023. And first Chinese provinces ration energy again, again particularly...
Feb 20, 2023 | Stainless Espresso
20 February 2023 – Supply of ferrochrome and chrome ores remains tight, keeping prices high. Indonesia has a growing dilemma with its nickel. And ArcelorMittal collects Western tax billions for decarbonisation and even wants to increase CO2 emissions tenfold in...
Feb 17, 2023 | Stainless Espresso
17 February 2023 – African countries could lose 30 to 35% of their exports to Europe with the introduction of the EU Carbon Border Tax (CBAM), according to a recent study. Indonesia wants to maintain its bauxite export ban, but is having growing problems finding...
Feb 16, 2023 | Stainless Espresso
16 February 2023 – The skills shortage is hitting the mining industry hard. Mining engineering degrees have fallen by up to 63%. At the same time, there is a massive lack of investment. Indonesian stainless steel mill raises prices further. LME nickel stocks at...
Feb 15, 2023 | Stainless Espresso
15 February 2023 – Is a New Caledonian nickel supplier about to fail? Once again, the company had to be rescued from financial collapse by the state. In 2023, every second new car in the EU is supposed to be fully electric, but will battery production even be...
Feb 14, 2023 | Stainless Espresso
14 February 2023 – Once again, a complaint by the European Court of Justice against an anti-dumping measure on flat-rolled stainless steel imports has been rejected by the EU Court of Justice. Does the EU only care about its mega corporations? HRC prices in...
Feb 13, 2023 | Stainless Espresso
13 February 2023 – The EU has no effective plan for the implementation of its hydrogen strategy. Especially with regard to green production and transport. EUROFER confirms Stainless Espresso assumptions from 2021. Nickel fraud and empty shipping containers: Are...
Feb 10, 2023 | Stainless Espresso
10 February 2023 – Commodity shortages and high scrap prices threaten structurally weaker countries more quickly. And can easily lead to domino effects that take entire industries with them when one commodity becomes scarce. New scam in nickel? Why you have to...
