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US President wants to sharply increase steel and aluminium tariffs – Stainless Espresso

Jun 2, 2025 | Stainless Espresso

2 June 2025 – On Friday, the US President announced his intention to raise US tariffs on steel and aluminium from 25% to 50%. Could Europe be the reason for this? Base metals on the LME proved resilient on Monday and, despite possible tariff increases, were largely...

Indonesia: Skilled labour shortage threatens nickel industry – Stainless Espresso

May 30, 2025 | Stainless Espresso

30 May 2025 – Indonesia, the world’s leading nickel supplier, faces a growing challenge: the shortage of skilled workers is slowing down the expansion of this strategically important industry. Customs dispute: Court of Appeals provisionally upholds Trump...

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
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