How can politics move stainless: The US is an example for direct impact on stainless. Recently President Biden announced a USD 2.25 trillion plan called ‘US Rescue Plan’. Read more
According to our Chinese sources China State Council executive meeting has indicated clearly that it will uplift the export duty of steel products to strengthen the supply/demand adjustments. Read more
According to a report from McKinsey it could take until 2050 for hydrogen-based steel production, carbon capture and storage and carbon capture usage are competitive options for steelmakers. Read more
Stainless steel supply from Asia to North America and Europe is reduced due to material shortages and increasing lead times there. Freight costs remain extraordinarily high. Read more
The Spanish stainless steel flat and long product producer will invest EUR 12 million for environmental protection measures at the Campo de Gibraltar Plant. Read more
The National Development and Reform Commission (NDRC) of China is currently forming an action plan to peak carbon dioxide emissions before 2030. Read more
US President Biden has informed the German Federal Government that the US administration will stop parts of the sanctions against the North Stream 2 gas project. Read more
According to a report from IEA (International Energy Agency) governmental measures to reach a zero emission target by 2050 are not efficient. IEA presented necessary steps to reach the goal. Read more
China has changed import tax tariffs for certain stainless steel products. Recently China has already reduced export rebates (partly to zero). Read more
According to USW they have communicated with the Federal Mediation and Conciliation Service (FMCS), a government agency designed to assist in resolving labor disputes. Read more
European Union and United States dispute over metal tariffs: agreement seems to be in sight Read more
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