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

Indonesian nickel ore mining quotas significantly reduced – Stainless Espresso

Feb 4, 2025 | Stainless Espresso

4 February 2025 – The Indonesian government has significantly reduced the mining quotas for nickel ore for 2025 and 2026. At the same time, Indonesia wants to examine possible new controls on nickel. President Trump suspends tariffs against Mexico and Canada for...

Trump gets serious about tariffs – time for deals has come – Stainless Espresso

Feb 3, 2025 | Stainless Espresso

February 3, 2025 – US President Donald Trump made good on his threat to impose new tariffs on Canada, Mexico and China over the weekend in a bid to stem the flow of drugs into the United States. Europe could also face new US tariffs – the time has come for...

ECB focuses on stable monetary policy and positive inflation trends – Stainless Espresso

Jan 31, 2025 | Stainless Espresso

31 January 2025 – Yesterday, the European Central Bank (ECB) unanimously lowered its key interest rates by 0.25 percentage points. The deposit rate now stands at 2.75 per cent. The rally on the German stock market continues: The German share index DAX could...