25% US tariffs on steel and aluminum: More fairness for all market participants – Stainless Espresso

Feb 11, 2025 | Stainless Espresso

11 February 2025 – US President Donald J. Trump announced the adjustments to the Section 232 tariffs on steel and aluminum on Monday. Overall, it can already be said that more fairness has been created for all market participants. 25% US tariffs on steel and...

US: New 25% tariffs on steel and aluminum coming – Stainless Espresso

Feb 10, 2025 | Stainless Espresso

10 February 2025 – US President Trump’s announcement of new additional steel and aluminum tariffs of 25% on all countries of origin has once again shaken up the world. At the same time, the President announced his intention to immediately introduce...

Nickel export ban: Philippines plans export restrictions – Stainless Espresso

Feb 7, 2025 | Stainless Espresso

7 February 2025 – The Philippine government intends to pass a law restricting raw material exports from June 2025. The Philippines is the second largest nickel ore producer in the world. CBAM: EU considers exemption for 80% of affected companies. China: Record...

Nickel prices in Asia jump upwards – Stainless Espresso

Feb 6, 2025 | Stainless Espresso

6 February 2025 – Nickel prices on the Asian commodity exchange SHFE rose significantly today, Thursday. Nickel prices are also on the rise on the LME. Asian and European stainless steel producers announce price increases. Source

China responds to new US tariffs with countermeasures – Stainless Espresso

Feb 5, 2025 | Stainless Espresso

5 February 2025 – The Chinese government has responded to new US tariffs with countermeasures, including on fossil fuels. European Union continues to be criticised by the US administration. US industry back in expansion zone, job data support trend. Source