Stainless steel anti-circumvention: Possible procedural errors put EC in need of explanation

Stainless steel anti-circumvention: Possible procedural errors put EC in need of explanation – Stainless Cappuccino

17 January 2024 – The fact that the European Commission’s anti-circumvention proceedings against stainless steel imports from Taiwan, Turkey and Vietnam originating in Indonesia are on shaky ground and have been brought under questionable accusations is certainly nothing new to most people. In addition, there are now serious allegations against the responsible market protection department of the EC.

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What stainless steel cold rolling and furniture from Sweden share

What stainless steel cold rolling and furniture from Sweden share – Stainless Cappuccino

8 November 2023 – The European Commission’s recent anti-circumvention proceedings against cold-rolled stainless steel from Taiwan, Turkey, and Vietnam in relation to existing anti-dumping and countervailing measures against Indonesia show once again how large multinationals are favored by the Commission. While small and medium-sized enterprises are systematically denied or arbitrarily denied access to important EU institutions.

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German Federal Minister of Economics calls for the subsidy watering can

German Federal Minister of Economics calls for the subsidy watering can – Stainless Cappuccino

25 October 2023 – The new strategy paper on the “Industriepolitik in der Zeitenwende” (industrial policy of the turn of the times) from the German Federal Ministry of Economics and Climate Protection shows once again who Robert Habeck’s employer really is. While large corporations can hope for support from Habeck, German SMEs are deliberately left to fend for themselves on many points on flimsy grounds. 

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CBAM: The big dirty hole in the EU CO2 tax

CBAM: The big dirty hole in the EU CO2 tax – Stainless Cappuccino

17 April 2023 – CBAM or the European Union Carbon Border Tax is an important component of the European Green Deal. Although the measure is supposed to contribute to a reduction of CO2 emissions, it is becoming more and more apparent that the EU’s own CO2-intensive industry, above all the EU steel manufacturers, are to be protected and given preferential treatment with obvious loopholes and hollow justifications that border on stupidity. But the green steel bubble could soon belong on the scrap heap.

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Nickel Outlook January 2023: "It remains stormy"

Nickel Outlook January 2023: “It remains stormy” – The Stainless Cappuccino

6 January 2023 -After nickel on the London Metal Exchange (LME) had risen again by more than 17% from the end of November 2022 to 3 January 2023, the price had fallen on Wednesday and Thursday last week and had already turned positive again by more than 3% on Friday. High volatility has not only been a rarity for the battery and stainless steel raw material since March 2022 and the failed Tsingshan deal. And now, too, forces seem to have deliberately tried to influence prices again. An analysis.

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Will the EU Safeguard measure be repealed in 2022?

Will the EU Safeguard measure be repealed in 2022? – Stainless Cappuccino

30 May 2022 – The current review of the EU Safeguard measure on certain steel products must be completed by 30 June 2022. So far so good, nothing unusual for the most important and largest market protection measure for EU steel producers. But, as with previous reviews, rumours are circulating that the Safeguard measure could be lifted because conditions have changed. But can the EU suspend Safeguard just like that? Have the conditions that led to the introduction of the measure really changed compared to 2019? Or is this just an attempt to cash in on wishful thinking?

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Out of Nickel: Unnoticed, the raw material runs out

Out of Nickel: Unnoticed, the raw material runs out – Stainless Cappuccino

In less than eight years, the Philippines will run out of nickel. Already in 2030, with the current Philippine production quantities and necessary increase quotas, no more nickel can be mined from currently known deposits due to the increasing demand. Deposits in Canada will run out as early as 2032. In 2034 in the United States. China’s turn comes in 2035, followed by Indonesia in 2036. And in 2039, Russia will also run out of nickel.

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DRI: The wonder weapon in the battle for green steel

DRI: the wonder weapon in the battle for green steel – Stainless Cappuccino

It is all about the DRI. In the third part of our report on the Green Steel Lie, we would like to take a look at the miracle cure in the fight against CO2 emissions that exists alongside hydrogen: Direct Reduced Iron or DRI. Why it could lead us into a green future. What CBAM has to do with DRI and in the end green steel from clean hydrogen is just a pretext for a new market protection measure by the EC.

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