OLAF report 2022: Systematic fraud in steel imports? – 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...
Indonesia running out of low-grade nickel ore – 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...
EU steel demand expected to rise again – 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...
EU Safeguard measure remains in place until at least 2024 – Stainless Espresso Stream
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...
Breaking News: EU Safeguard measure on certain steel products remains in place
EU Safeguard measure on certain steel products remains in place 2 June 2023 – Sources report that the European Commission today sent the results of the latest EU Safeguard investigation to the WTO. As we had already expected and reported, the Commission’s...
New nickel benchmark price found? – Stainless Espresso
2 June 2023 – Is there a new benchmark price for nickel? It seems so, at least according to one of the world’s largest ferronickel producers. Positive signals from China and the United States are pushing up base metal prices in Asia. Source
Nickel in surplus until 2027? – Stainless Espresso
1 June 2023 – Will nickel production no longer keep up with demand from 2027? That is possible. But it is also possible, should there be even a small imbalance in supply and demand, that a possible oversupply of nickel will end as early as 2024. Germany’s...
WTO: Stainless Steel case between Indonesia and EU – Stainless Espresso
31 May 2023 – As early as January 2023, Indonesia requested WTO consultations with the European Union regarding the countervailing and anti-dumping measures imposed by the European Union on imports of stainless steel cold-rolled flat products from Indonesia. A...