Canada, Mexico, and EU are furious: Trump's steel tariff policy is unacceptable!
[6.5 Morning Meeting Minutes] LME nickel prices saw a slight correction today, with immediate cost support strengthening. Demand side, despite signs of improvement in nickel salt demand MoM in June, overall demand remains in a sluggish phase. Affected by the presence of some raw material inventory and weak order demand, during this week's traditional procurement period, the inquiry and transaction activity of precursor enterprises for nickel salt were both low. Supply side, the order signing situation for nickel salt producers in June was poor this week, with some large nickel salt enterprises planning to carry out shutdown maintenance work in June.
US Fed Beige Book: US Economy Cools Slightly, Uncertainty and Tariff Pressures Intensify