Germany: Election campaign promises for SMEs are getting louder – Stainless Espresso

Feb 18, 2025 | Stainless Espresso

18 February 2025 – The German parliamentary election campaign is entering the final spurt and it seems that a few campaign promises for small and medium-sized enterprises (SME) are finally being made – the CO2 tax CBAM in particular could be significantly...

Stainless steel prices rise again in Asia – Stainless Espresso

Feb 17, 2025 | Stainless Espresso

15 February 2025 – Asian stainless steel prices rose again on Monday after prices for nickel ore and nickel pig iron increased. Ferrous scrap in short supply worldwide. US reporting season with strong results. Source

Reciprocal trade and tariffs – US President announces goals – Stainless Espresso

Feb 14, 2025 | Stainless Espresso

February 14, 2025 – On February 7, 2025, US President Donald J. Trump announced his intention to introduce reciprocal tariffs. Late on Thursday evening, the White House then announced the targets behind the upcoming measures. US stainless steel manufacturer...

LME aluminum stocks have almost halved since mid-2024 – Stainless Espresso

Feb 13, 2025 | Stainless Espresso

13 February 2025 – LME aluminum stocks have almost halved since mid-2024. This is also reflected in aluminum prices. Urgent appeal to the European Parliament: SMEs must remain the focus of the European Union! Source

Tariff dispute: EU threatens United States with retaliation – Stainless Espresso

Feb 12, 2025 | Stainless Espresso

12 February 2025 – The EU has threatened the United States with retaliatory measures if the adjustments to the Section 232 tariffs announced on Monday come into force against European steel exports to the United States. However, there is still no sign of any...

25% US tariffs on steel and aluminum: More fairness for all market participants – Stainless Espresso

Feb 11, 2025 | Stainless Espresso

11 February 2025 – US President Donald J. Trump announced the adjustments to the Section 232 tariffs on steel and aluminum on Monday. Overall, it can already be said that more fairness has been created for all market participants. 25% US tariffs on steel and...

US: New 25% tariffs on steel and aluminum coming – Stainless Espresso

Feb 10, 2025 | Stainless Espresso

10 February 2025 – US President Trump’s announcement of new additional steel and aluminum tariffs of 25% on all countries of origin has once again shaken up the world. At the same time, the President announced his intention to immediately introduce...

Nickel export ban: Philippines plans export restrictions – Stainless Espresso

Feb 7, 2025 | Stainless Espresso

7 February 2025 – The Philippine government intends to pass a law restricting raw material exports from June 2025. The Philippines is the second largest nickel ore producer in the world. CBAM: EU considers exemption for 80% of affected companies. China: Record...

Nickel prices in Asia jump upwards – Stainless Espresso

Feb 6, 2025 | Stainless Espresso

6 February 2025 – Nickel prices on the Asian commodity exchange SHFE rose significantly today, Thursday. Nickel prices are also on the rise on the LME. Asian and European stainless steel producers announce price increases. Source

China responds to new US tariffs with countermeasures – Stainless Espresso

Feb 5, 2025 | Stainless Espresso

5 February 2025 – The Chinese government has responded to new US tariffs with countermeasures, including on fossil fuels. European Union continues to be criticised by the US administration. US industry back in expansion zone, job data support trend. Source