Asian nickel prices rose significantly on Thursday – Stainless Espresso

Jun 26, 2025 | Stainless Espresso

26 June 2025 – Asian nickel prices on the SHFE commodity exchange rose by more than 2.3% today. Other base metals also performed well on the SHFE today, posting gains. More bureaucracy from Brussels: EU regulation for end-of-life vehicles faces growing...

Export taxes on steel and aluminium scrap demanded – Stainless Espresso

Jun 25, 2025 | Stainless Espresso

25 June 2025 – EU steel and aluminium mills have once again called for tighter export restrictions on scrap. But does the call for an export tax on scrap stand up to scrutiny? Base metals in Europe and Asia continue to show a stable sideways trend. Source

Criticism: Brussels too fragmented in tariffs dispute with the US – Stainless Espresso

Jun 24, 2025 | Stainless Espresso

24 June 2025 – German Chancellor Friedrich Merz (CDU) yesterday expressed strong criticism of the EU Commission’s negotiating strategy at the Industry Day in Berlin and called for changes. Most base metals on the LME moved sideways at the start of trading...

China: Strong demand for raw materials for aluminium – Stainless Espresso

Jun 23, 2025 | Stainless Espresso

23 June 2025 – Raw materials for aluminium production continue to be in high demand in China. Bauxite imports rose by almost 26% in the first five months of 2025. Green Deal finally at an end? Largest EU steel maker halts plans for green steel. Source

NGO funding: EU Parliament sets up committee of inquiry – Stainless Espresso

Jun 20, 2025 | Stainless Espresso

20 June 2025 – A coalition of parties in the EU Parliament succeeded yesterday in pushing through a demand for a committee of inquiry into the opaque funding of NGOs by the EU Commission. Steel and aluminium: Canada announces upcoming new trade defence measures...

Is the LME running out of aluminium? Stock levels have fallen significantly – Stainless Espresso

Jun 19, 2025 | Stainless Espresso

19 June 2025 – LME stock levels of primary aluminium have fallen by almost 66% since June 2024, and the pitiful remains seem to consist almost entirely of unsaleable Russian aluminium. New demands: EU steel lobby wants to fuel inflation and destroy EU...