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

Sentiment among German exporters brightens – Stainless Espresso

Feb 25, 2025 | Stainless Espresso

25 February 2025 – Sentiment among German exporters improved by almost 30% in February after the figures for German exports turned out to be much more positive than many had assumed in advance. South Korea imposes anti-dumping duties of up to 38% on Chinese...

Major Indonesian nickel smelter about to close – Stainless Espresso

Feb 24, 2025 | Stainless Espresso

24 February 2025 – One of Indonesia’s largest nickel smelters with an annual capacity of 1.8 million tonnes of nickel pig iron is on the verge of closure. NPI and stainless steel scrap prices continue to rise. Positive environment for aluminium prices. US...