US: Punitive tariffs against China doubled to 20% – Stainless Espresso

Mar 4, 2025 | Stainless Espresso

4 March 2025 – Yesterday, US President Donald Trump enacted the new punitive tariffs against goods from Canada and Mexico and doubled them to 20% against China. Germany relies on special assets: investments strengthen economy and defence. Source

The European child must finally grow up – Stainless Espresso

Mar 3, 2025 | Stainless Espresso

3 March 2025 – Asian equity markets jumped today in response to strong Chinese PMI data. Stainless steel scrap prices and nickel are rising. And once again, the European child needs to grow up! Source

Nickel ore prices in Indonesia up 4% on Friday – Stainless Espresso

Feb 28, 2025 | Stainless Espresso

28 February 2025 – Prices for Indonesian nickel ore have risen again this week. In addition, the Indonesian government’s new foreign exchange control on natural resources is likely to have a further impact on commodity prices. Source

US: Additional tariffs on EU exports coming soon – Stainless Espresso

Feb 27, 2025 | Stainless Espresso

27 February 2025 – The US government plans to impose tariffs on EU exports in the near future, President Donald Trump announced yesterday ahead of a cabinet meeting at the White House. Taiwanese stainless steel producers raise prices for March. And the EU steel...

Nickel pig iron prices reach new record high for the year – Stainless Espresso

Feb 26, 2025 | Stainless Espresso

26 February 2025 – Asian nickel pig iron prices have risen almost continuously since the beginning of the year and have reached a new high today. Executive Order from US President Donald Trump targets copper imports into the United States. Source