This Morning in Metals: Chinese Scrap Steel Exports Jump in 2017

Pavel Ignatov Adobe Stock steelup 102517
Pavel Ignatov/Adobe Stock

This morning in metals news, China’s scrap steel exports surged last year, two popular American non-metal products could be affected by steel and aluminum tariffs, and a miner of gold and silver looks to get into copper and zinc.
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Chinese Scrap Steel Exports Jump in a Big Way

Scrap steel exports from China amounted to 2.2 millions tons in 2017, according to a Reuters report citing the Xinhua news agency.

Bourbon, Cheese Getting Caught in a Hypothetical Trade War?

As President Donald Trump mulls steel and aluminum tariffs — as part of the Department of Commerce’s Section 232 probes — many have pondered if such tariffs would mark the start of a new trade war.
According to a report by NPR, Kentucky bourbon and Wisconsin cheese could be affected in such a trade war. While China is often the primary focus of the 232 discussion, according to the report European allies are warning of possible retaliation.

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