Jun 16, 2023 | Stainless Espresso
16 June 2023 – The South African government has extended the existing scrap export ban on certain ferrous and non-ferrous waste for another 6 months. Japanese stainless steel producers hike prices again. LME and SHFE nickel prices up 11% since end of May. And...
Jun 15, 2023 | Stainless Espresso
15 June 2023 – Steel demand has picked up significantly since the beginning of June, as can be seen not only from falling inventories in China but also from significantly higher demand from India. And in the European Union, too, there are increasing voices that...
Jun 14, 2023 | Stainless Espresso
14 June 2023 – China surprisingly cut standing lending facility interest rates, which was very positively received by the markets. Nickel prices reacted promptly. The EU goes on a buying spree for critical commodities in Mercosur countries – but does it...
Jun 13, 2023 | Stainless Espresso
13 June 2023 – The US government has withdrawn a permit from a copper-nickel project due to environmental concerns. Could the project, which is supposed to reduce dependence on external suppliers, possibly still be saved by the right approach? What is the...
Jun 12, 2023 | Stainless Espresso
12 June 2023 – The economy of Japan is growing at an astonishing pace, leaving the other industrialized nations behind. Financial analysts are much more optimistic about the US economy. Mining giant to invest USD 1.5 billion in copper mining. And India would...
Jun 9, 2023 | Stainless Espresso
9 June 2023 – The world is increasingly concerned about Europe’s border adjustment tax CBAM and green steel. And the US government is also considering a CO2 tax but faces the challenge of finding a workable solution – which the EU has not yet been...
Jun 8, 2023 | Stainless Espresso
8 June 2023 – The latest OLAF report by the European Anti-Fraud Office for 2022 shows the importance of working with reliable, professional, and clean traders and importers in a case of systematic fraud in steel imports. Nickel demonstrates growth and stability...
Jun 7, 2023 | Stainless Espresso
7 June 2023 – Indonesia is now also officially running out of nickel stocks. The government is apparently already discussing the possibilities of taking action against low-grade nickel smelters. The EU falls far short of its own green steel standards and is not...
Jun 6, 2023 | Stainless Espresso
6 June 2023 – The European Steelmakers Association expects an increase in steel demand in Europe. For 2024, it could even go up by more than 5%. Are EU stainless steel mills really suffering from import pressure? And freight rates from Asia to North America are...
Jun 5, 2023 | Stainless Espresso
5 June 2023 – The European Commission has decided that the EU Safeguard measure must remain in place until at least 2024. Find out the most important background information, the justification and what changes there are for stainless steel imports in a talk with...
