Permit for US copper-nickel mine project withdrawn – Stainless Espresso
13 June 2023 – The US government has withdrawn a permit from a copper-nickel project due to environmental concerns.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...
Japan’s economy surges with impressive momentum – 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...
The growing Green Steel concerns – 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...
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...