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Sentiment among German exporters brightens – Stainless Espresso

Feb 25, 2025 | Stainless Espresso

25 February 2025 – Sentiment among German exporters improved by almost 30% in February after the figures for German exports turned out to be much more positive than many had assumed in advance. South Korea imposes anti-dumping duties of up to 38% on Chinese...

Major Indonesian nickel smelter about to close – Stainless Espresso

Feb 24, 2025 | Stainless Espresso

24 February 2025 – One of Indonesia’s largest nickel smelters with an annual capacity of 1.8 million tonnes of nickel pig iron is on the verge of closure. NPI and stainless steel scrap prices continue to rise. Positive environment for aluminium prices. US...

Indonesian nickel ore prices jump significantly again – Stainless Espresso

Feb 21, 2025 | Stainless Espresso

21 February 2025 – Indonesian nickel ore prices jumped sharply today, Friday, as the world’s second-largest nickel ore supplier plans an Indonesian-style export ban. EU Trade Commissioner in Washington for talks on tariffs. Source

Steel doing good business in the EU again? – Stainless Espresso

Feb 20, 2025 | Stainless Espresso

20 February 2025 – While the EU steel lobby conjures up the demise of European steel, the first steel makers are reporting good quarterly results that don’t fit the lobbyists’ doomsday scenario at all. And the EU agrees on a ban on imports of Russian...

China boosts consumption, raw material prices rise – Stainless Espresso

Feb 19, 2025 | Stainless Espresso

19 February 2025 – China issued government bonds worth 693 billion renminbi in January to support the economy. Commodity prices react with price increases. Taiwan extends anti-dumping duties on certain cold-rolled stainless steel products. CBAM: A limited number...

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...
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Gerber Steel South-West

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