Week in Review: Brexit Saga Continues, a Section 232 Challenge and Steel Imports
Before we head into the weekend, let’s take a look at the week that was and some of the metals storylines here on MetalMiner:
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- The prospect of a no-deal Brexit is inching closer and closer to reality.
- India’s steelmakers are facing an influx of steel imports from Iran being shipped via the U.A.E.
- The U.S. Court of International Trade struck down a legal challenge of the president’s Section 232 tariff authority.
- MetalMiner’s Stuart Burns took a look at the copper price and where it might go.
- The International Copper Study Group released its monthly production report.
- According to government data released this week, U.S. housing starts took a dive in February.
- Automaker General Motors announced a $300 million investment toward manufacturing of a new Chevrolet electric vehicle at its Orion Township, Michigan plant.
- The World Steel Association released its monthly global crude steel production report.
- U.S. finished steel import market share picked up to start the year.
- Burns delved into one economic indicator that has been fairly reliable in terms of predicting U.S. recessions.
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