Jun 23, 2022 | Stainless Espresso
23 June 2022 – Yesterday, the EU Parliament passed the new regulations for European emissions trading and the introduction of the Carbon Border Tax CBAM. Spoiler alert: To the great dissatisfaction of EU steel producers. Burst Nickel Deal: Approx. 40,000 tonnes...
Jun 22, 2022 | Stainless Espresso
22 June 2022 – The first published alloy surcharges for July 2022 suggest another round in the adjustment of the scrap quota. But has the justifiable maximum been reached in the meantime? Is CO2 reduced steel really CO2 reduced or is this just green washing? New...
Jun 21, 2022 | Stainless Espresso
21 June 2022 – Chinese stainless steel prices rose Monday and Tuesday and futures on the SHFE are also heading higher. Indian steel exports are expected to slump 40% in the current fiscal year. And Ukraine is putting itself on the map as a producer and supplier...
Jun 20, 2022 | Stainless Espresso
20 June 2022 – It’s a horror scenario for buyers of Chinese aluminium when it suddenly turns out that the aluminium doesn’t even exist. Are new energy restrictions coming? Chinese National Development and Reform Commission (NDRC) calls for new...
Jun 17, 2022 | Stainless Espresso
17 June 2022 – According to current calculations, the European stainless steel alloy surcharges for July 2022 should actually increase significantly. We put forward a bold thesis on alloy surcharges and have rolled the dice a little for you. Fitch Ratings raises...
Jun 16, 2022 | Stainless Espresso
16 June 2022 – A further increase in demand for stainless steel in Europe could quickly empty current stocks. The first vehicle manufacturers are already calling for larger quantities. China restricts crude steel production in Jiangsu by another 6 million tonnes...
Jun 15, 2022 | Stainless Espresso
15 June 2022 – Is the next shock coming for buyers of Indian steel and stainless steel? After the introduction of the steel export tax, Indian mills are now threatening to halt production. Are steelmakers already running out of money? Customers already severely...
Jun 15, 2022 | Stainless Espresso
15 June 2022 – The UK steel safeguard measure must be extended or lifted by the end of June 2022. Therefore, the pressure of the British steel producers on the International Trade Ministry is currently growing. And logistics chains are strained until beyond...
Jun 14, 2022 | Stainless Espresso
14 June 2022 – Caution advised: Sanctioned Russian steel coming to Taiwan – via now also to Europe and the United States? German Ifo Business Climate Index up in May 2022. Actively counter supply bottlenecks. And Indian stainless steel producers no longer...
Jun 13, 2022 | Stainless Espresso
13 June 2022 – German car production jumped a whopping 25% in May 2022 compared to the same month last year. Good news for carmakers, who have recently been struggling with supply shortages. This significant increase in production could soon present many...
