Stainless Steel Raw Materials Start the Week on a Stable Footing – Stainless Espresso

19 January 2026 – Despite renewed tariff announcements from the United States directed at Europe, prices for base metals such as nickel, aluminium, and copper have remained relatively unaffected in Asian trading. An analysis published by Deutsche Bank on 19 January 2026 on the price effects of new trade tariffs makes one point clear: tariffs primarily act as price drivers-also within the EU. Source