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®: Need buying strategies for steel? Try two free months of MetalMiner’s Outlook India sought consultations with the U.S. over its steel and aluminum tariffs. The Department of Commerce launched anti-dumping […]
Fouad Egbaria
This Morning in Metals: Trump Threatens to Slap Over $500B in Tariffs on Chinese Imports
This morning in metals news, President Donald Trump escalated trade tensions by threatening to slap tariffs on essentially all Chinese imports, Nucor reported its Q2 and first-half earnings, and copper hits a one-year low. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook On Another Level The back-and-forth of tariffs and threats […]
This Morning in Metals: DOC Launches Section 232 Uranium Investigation
This morning in metals news, the Department of Commerce launched another Section 232 investigation, the Section 232 auto probe hearings kicked off earlier this morning and Turkish steel production increased during the first six months of the year. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Commerce Launches Uranium Investigation As […]
European Safeguards Go Into Effect to Combat Diverted Steel
Announced by the European Commission yesterday, provisional steel safeguard measures went into effect today, covering 23 steel product categories. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The measures were instituted in response to a challenge about which European leaders have frequently expressed concern: diverted steel as a result of the […]
Alcoa Posts Strong Q2 But Dampens Outlook for Rest of the Year
Aluminum firm Alcoa Corporation reported its second-quarter earnings Wednesday, with some numbers showing the impact of current market trends and forces. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook The Pittsburgh-based firm reported $3.6 billion in Q2 revenue and $904 in adjusted earnings before interest, tax, depreciation and amortization (EBITDA). The firm’s Q2 EBITDA marked […]
This Morning in Metals: British Steel Makes £50M Scunthorpe Investment
This morning in metals news, British Steel is set to make a big investment, steel production for the week ending July 14 dropped from the previous week and BHP Billiton’s iron ore production is up. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook British Steel to Invest £50M According to the Financial […]
Concentration of Cobalt Sector Expected to Increase in Coming Years
Cobalt is a product we don’t often talk about, partly because of its relative scarcity but also because of the specificity of its industrial application. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook With that said, the industries it does draw interest from are high-profile ones, including the growing electric vehicle […]
This Morning in Metals: Canada Mulls Measures to Combat Diverted Steel
This morning in metals news, Canada is considering new tariffs or quotas to protect itself from steel diverted from the U.S., the U.S. goes at it with several WTO members and a major energy project in the U.S. is denied a tariff exclusion request. Need buying strategies for steel? Try two free months of MetalMiner’s […]
Public Hearings on Potential Section 232 Auto Tariffs Begin Thursday
The U.S. Department of Commerce launched a new investigation, under the aegis of the little-used but now ubiquitous Section 232 of the Trade Expansion Act of 1962, this time investigating imports of automobiles and automotive components. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Unsurprisingly, while no decisions have been made […]
This Morning in Metals: China Hits Record Daily Steel Output in June
This morning in metals news, China hit a record vis-a-vis steel production, China responded to the U.S.’s threat of $200 billion in tariffs and copper continues its slide. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook A Record June China steelmakers put out a record amount of steel, on a daily […]
