One of our main services is the collection, processing and analysis of the following market data relevant to specialty steel: Raw material market developments (chrome, nickel, molybdenum, scrap; also: cobalt, titanium, vanadium, tungsten)
Economic situation in general and in the specialty steel consuming sectors (focus: automotive, mechanical and plant engineering, chemicals, construction)
Foreign trade: Imports and exports (EU-27) by stainless steel products (flat, long and tube products with differentiation by sub-products)
EHV stock statistics (quantitative sales and stock levels)
In recent years, foreign trade policy restrictions in the steel sector have increased sharply worldwide. Today, many steel products are also affected by trade policy measures (anti-dumping / anti-subsidy duties and safeguards), which poses considerable challenges for European steel distribution in particular when importing from third countries. These entail entrepreneurial risks: in the event of information deficits, every company faces the risk of having to pay considerable amounts of import duties.
The climate policy challenges for the entire steel industry are increasing rapidly: In June 2022, the EU ministers launched one of the most comprehensive climate protection packages in the history of the EU. They agreed on far-reaching tightening of existing climate protection requirements. For example, the amount of CO2 certificates in the EU Emissions Trading Scheme will be gradually reduced by 61% (previously 43%) by 2030 compared to 2005. This tightening affects EU steel producers in particular. But steel distribution will also face new challenges, because third-country imports are to be included in the climate protection measures in the future: From 1.1.2023, the EU will introduce a CO2 border adjustment mechanism (CBAM, Carbon Border Adjustment Mechanism), initially with a transition phase of three years. In this phase, there will initially “only” be an additional administrative burden for importing companies. Subsequently, steel imports from third countries that cause high CO2 emissions will become more expensive.
Here, too, we are there for our member companies to accompany the development in an advisory.
Member companies have the opportunity for personal contacts in a competitive space. We offer specialist group meetings, conferences and, along with the Informationsstelle Edelstahl Rostfrei (ISER) and the publishing house Focus Rostfrei, we are the organisers of the Düsseldorfer Edelstahltage, which has established itself as an important industry event.
TRANSFER OF KNOWLEDGE
We give lectures at events, accompany training courses and, if required, are also active directly on site at our member companies to impart knowledge.