Week in Review: ACEA on Section 232, Oil on the Rise and India’s Railways
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:
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- The European Automobile Manufacturers’ Association (ACEA) recently weighed in on the Trump administration’s Section 232 automotive investigation.
- Both zinc and lead posted supply deficits in 2018, according to a recent report by the International Lead and Zinc Study Group.
- Supply concerns have given the oil price a bit of a boost of late.
- The U.S. Department of Commerce said cast iron soil pipe from China coming into the U.S. has benefited from countervailable subsidies.
- Global crude steel production in January was up 1% year over year.
- As U.S.-China trade talks continue, Burns looked at the key issues both sides will be negotiating.
- India wants to upgrade its massive railway network, but a lack of domestic steel options is working against the government’s Make in India initiative.
- The Department of Commerce launched new anti-dumping and countervailing duty investigations related to imports of fabricated structural steel from Canada, Mexico and China.
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