Stainless steel anti-dumping complaint fails in EU court – Stainless Espresso

Dec 14, 2022 | Stainless Espresso

14 December 2022 – A lawsuit by a European association to overturn the EU anti-dumping measure against imports of cold-rolled stainless steel from China and Taiwan has been rejected by an EU court. And the trend reversal in metal prices is becoming increasingly...

Nickel Export Ban, Molybdenum and CBAM – Stainless Espresso

Dec 13, 2022 | Stainless Espresso

13 December 2022 – As expected, Indonesia has appealed the WTO ruling on the nickel export ban – will the ban now remain in place? Molybdenum prices continue to rise. EU Parliament and member states agree on Carbon Border Tax CBAM. And the LME does not...

Steel tariffs: US government opposes WTO ruling – Stainless Espresso

Dec 12, 2022 | Stainless Espresso

12 December 2022 – The US government has rejected the WTO ruling on Section 232 tariffs on steel and aluminium. Will the WTO ruling still have an impact? German Finance Minister warns against subsidy race with the United States. And stainless steel prices...

Stainless steel pricing suspended in parts of Asia – Stainless Espresso

Dec 9, 2022 | Stainless Espresso

9 December 2022 – Stainless steel pricing has been suspended in parts of Asia due to drastically increased nickel and molybdenum prices. The WTO considers Section 232 tariffs to be irregular – is the climate club coming? Jealousy and protectionism continue...

Nickel jumps up more than 7.4% – Stainless Espresso

Dec 8, 2022 | Stainless Espresso

8 December 2022 – Nickel continues to rise significantly. On Wednesday alone by more than 7.4%. This means that the important stainless steel and battery metal is already up almost 24% on 25 November 2022. The LME commodity exchange is under increasing pressure...

New stainless steel shortages coming to US and EU in 2023? – Stainless Espresso

Dec 7, 2022 | Stainless Espresso

7 December 2022 – New stainless steel shortages are looming for the United States and the European Union. The factors currently available point to this, and analysts and market experts are already warning that stainless steel availability could again become very...

CO2 tariffs on Chinese steel planned? – Stainless Espresso

Dec 6, 2022 | Stainless Espresso

6 December 2022 – Are climate tariffs on Chinese steel products coming? Several media report that the United States and the European Union are working on new market protection instruments against China. USITC extends anti-dumping measure against stainless steel...

EU Steel Safeguard Review 2023 launched – Stainless Espresso

Dec 5, 2022 | Stainless Espresso

5 December 2022 – Last Friday, the EC launched the already announced Safeguard Review for 2023. Has the end of Safeguard now come? The prices for important stainless steel raw materials have risen significantly again in the past week. Especially for nickel,...

Scrap availability further restricted – Stainless Espresso

Dec 2, 2022 | Stainless Espresso

2 December 2022 – Scrap prices jumped yesterday following the EU ENVI decision on waste shipment regulation. Earlier, another country had already closed its export market for scrap. New anti-dumping measures were imposed on cold-rolled stainless steel products....

The end of the Indonesian nickel export ban? – Stainless Espresso

Dec 1, 2022 | Stainless Espresso

1 December 2022 – The WTO panel has announced its recommendation on the Indonesian nickel export ban. But has the end of the export ban really come? Indonesia is already showing itself belligerent and the nickel unimpressed. General Disclosure in the EU...