Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner®:
- India sought consultations with the U.S. over its steel and aluminum tariffs.
- The Department of Commerce launched anti-dumping and countervailing duty investigations of steel rack imports from China.
- Pardon the pun, but the wind seems to be blowing in favor of wind energy.
- Public hearings on the Department of Commerce’s Section 232 investigation of automobile and automotive part imports kicked off yesterday (the hearings continued today).
- The LME warehouse system faces some challenges, writes MetalMiner’s Stuart Burns.
- According to an S&P Global Market Intelligence report, the cobalt market could be set to become even more concentrated than it already is.
- Alcoa reported its earnings for the second quarter this week, boasting a positive Q2 performance but a more bearish outlook for the remainder of the year.
- Europe installed provisional steel safeguards this week in an effort to protect its industry from diverted supplies of steel.
- For the third time during President Trump’s administration, his Department of Commerce launched a Section 232 investigation, this time looking at imports of uranium.