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US federal court declares Liberation Day tariffs unlawful – Stainless Espresso

May 29, 2025 | Stainless Espresso

29 May 2025 – On Wednesday, a federal court in the US state of New York declared the US government’s Liberation Day tariffs imposed on 2 April to be unlawful. However, Section 232 tariffs on steel and aluminium remain in force. Base metals on the LME reacted to...

Freight indices rising – More movement on the oceans again – Stainless Espresso

May 28, 2025 | Stainless Espresso

28 May 2025 – There is more movement on the world’s oceans again, as can be seen from the freight indices, which have been rising again since the end of April 2025. Too many rules and regulations are making life in the EU unnecessarily more expensive....

Stainless steel and steel scrap prices are rising again – Stainless Espresso

May 27, 2025 | Stainless Espresso

27 May 2025 – Stainless steel and steel scrap prices are currently showing signs of recovery. Asian stainless steel scrap prices even rose by almost 5% in May. And on the break-up of thyssenkrupp: When politics becomes too overbearing and it’s teachers...

Stainless steel prices up at the start of the week in Asia – Stainless Espresso

May 26, 2025 | Stainless Espresso

26 May 2025 – Stainless steel prices in Asia continued to rise at the start of the week. The US Midwest Aluminum Premiums rose last week. And did the new tariff hammer threat from the United States come about due to EU inaction? Source

CBAM changes: EU Parliament decides against SME – Stainless Espresso

May 23, 2025 | Stainless Espresso

23 May 2025 – The EU Parliament yesterday voted in favor of the Commission’s proposed amendments to the Carbon Border Tax CBAM and once again decided in favor of its multinational conglomerates and against the economic interests of small and medium-sized...
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Gerber Steel South-West

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