Section 232 tariffs on copper: Based on steel and aluminium – Stainless Espresso

Aug 1, 2025 | Stainless Espresso

1 August 2025 – The tariffs on copper introduced under Section 232 affect products that are based on the previous measures for steel and aluminium. Special EU-US deal on steel and aluminium tariffs unlikely. Northern European stainless steel manufacturer reports...

Copper imports now also affected by US Section 232 tariffs – Stainless Espresso

Jul 31, 2025 | Stainless Espresso

31 July 2025 – On Thursday, the results of the Section 232 investigation into copper imports into the United States were announced. Some of the results were significantly different than expected. US tariff dispute: A deal for South Korea and two new punitive...

France calls on EU to take action on steel – Stainless Espresso

Jul 30, 2025 | Stainless Espresso

30 July 2025 – EU member state France has called on the European Commission to find a successor to the EU safeguard measure on steel and would like to turn back the clock on steel with unrealistic expectations. Commodity prices are trending sideways. US...

Europe turns steel into a polemical red herring topic – Stainless Espresso

Jul 29, 2025 | Stainless Espresso

29 July 2025 – What do the EU Trade Commissioner, the Prime Minister of Saarland and the German Tagesschau news programme have in common? When it comes to steel, they either display fundamental ignorance, have mental lapses or deliberately spread polemical red...

EU-US tariff dispute: An expensive deal for the European Union – Stainless Espresso

Jul 28, 2025 | Stainless Espresso

28 July 2025 – In the end, the head of all Brussels EU bureaucrats had to step in herself to reach a deal in Scotland in the tariff dispute with US President Donald Trump, which appears to have been quite expensive for the EU overall. Asian commodity prices...

Possible EU-US trade deal without steel and aluminum? – Stainless Espresso

Jul 25, 2025 | Stainless Espresso

July 25, 2025 – An agreement may still be reached in the trade dispute between the United States and the European Union. However, there will be no exemptions for steel and aluminum, and a base tariff rate of 15% will apply. Now EU faces problems with its second...

EU steel scrap exports are now officially monitored – Stainless Espresso

Jul 24, 2025 | Stainless Espresso

24 July 2025 – The EU Commission has been monitoring exports of scrap (steel, aluminum, copper) out of Europe since yesterday. And has already made a judgment on scrap exports without a formal investigation! Asian stainless steel futures and spot market prices...

New US trade deals: EU increasingly sidelined in negotiations – Stainless Espresso

Jul 23, 2025 | Stainless Espresso

23 July 2025 – US President Donald Trump signed three new trade deals yesterday (Tuesday) with Japan, Indonesia and the Philippines. At the same time, the EU is becoming increasingly marginalised in the negotiations and is resorting to polemical phrases,...

Rising steel demand: China launches new mega-dam project – Stainless Espresso

Jul 22, 2025 | Stainless Espresso

22 July 2025 – The Chinese government announced the launch of a new hydropower project on the Yarlung Zangbo River in Tibet at the weekend. Steel demand in China likely to rise significantly. EU steel producers responsible for increase in Chinese imports. Is the...

Ailing infrastructure: No European Green Deal without electricity – Stainless Espresso

Jul 21, 2025 | Stainless Espresso

21 July 2025 – Nickel prices on the Asian SHFE rose today, Monday, after already posting gains last Friday. Stainless steel scrap prices in Asia are rising, in some cases significantly. Ailing infrastructure: How the European Green Deal is failing due to the...