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

Indonesian nickel ore mining quotas significantly reduced – Stainless Espresso

Feb 4, 2025 | Stainless Espresso

4 February 2025 – The Indonesian government has significantly reduced the mining quotas for nickel ore for 2025 and 2026. At the same time, Indonesia wants to examine possible new controls on nickel. President Trump suspends tariffs against Mexico and Canada for...

Trump gets serious about tariffs – time for deals has come – Stainless Espresso

Feb 3, 2025 | Stainless Espresso

February 3, 2025 – US President Donald Trump made good on his threat to impose new tariffs on Canada, Mexico and China over the weekend in a bid to stem the flow of drugs into the United States. Europe could also face new US tariffs – the time has come for...

ECB focuses on stable monetary policy and positive inflation trends – Stainless Espresso

Jan 31, 2025 | Stainless Espresso

31 January 2025 – Yesterday, the European Central Bank (ECB) unanimously lowered its key interest rates by 0.25 percentage points. The deposit rate now stands at 2.75 per cent. The rally on the German stock market continues: The German share index DAX could...