Last week, the U.S. Department of Commerce announced it had launched anti-dumping (AD) and countervailing duty investigations of steel rack imports from China. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The alleged dumping margins in the AD case are 130.0-144.5%, according to a DOC release. The DOC added there 28 alleged […]
Week in Review: Gold, MMI Week and Iron Ore’s Future
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 MetalMiner’s Stuart Burns took a look at gold and why it hasn’t been the safe-haven asset it typically […]
This Morning in Metals: China’s No. 1 Steel City Begins Five-Day Industry Cuts
This morning in metals, China’s biggest steel city has ordered five-day output curbs to tackle pollution, the deputy USTR criticized Indian retaliatory tariff measures and it was another down week for copper. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Tangshan Launches Cuts Ahead of Expected Smog China’s top steelmaking city, […]
The July MMI Report: Metals Markets Post a Down Month as Trade Tensions Rise
It was another busy month in the world of metals. Then again, these days quiet months in metals or in trade, generally, are few and far between. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Trade tensions continued to rise, as $34 billion in tariffs on Chinese goods went into effect […]
This Morning in Metals: German Authorities Slap €205M in Fines on Steel Companies, Others
This morning in metals news, German steel companies are being hit with fines over price rigging, worker contract negotiations are underway at U.S. Steel and the U.S. Senate approved a symbolic measure that served to express frustration over the Legislature’s current lack of say in the process of imposing Section 232 tariffs. Need buying strategies […]
This Morning in Metals: Trump Threatens China With Additional $200B in Tariffs
This morning in metals news, President Donald Trump threatened China with an additional $200 billion in tariffs, copper fell to a one-year low and Glencore released a statement regarding the subpoena it received from the U.S. Department of Justice in its corruption probe. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook […]
This Morning in Metals: Cobalt Demand Continues to Rise
This morning in metals news, the cobalt craze intensifies, Switzerland goes to the World Trade Organization (WTO) over the U.S. steel and aluminum tariffs, and U.S. raw steel production for the week ending July 7 was up 3.4%. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Demand for Cobalt Rises Cobalt […]
This Afternoon in Metals: U.S. Tariffs on China Go Into Effect
This afternoon in metals news, the first batch of $34 billion in U.S. tariffs on Chinese goods went into effect Friday, China looks to build its relationship with Europe amid increasing trade tension with the U.S. and the United States Trade Representative released the guidelines for the exclusion application process regarding Section 301 tariffs. Need […]
Rare Earths MMI: Toyota, Other Firms Team Up With Scientists to Develop Undersea Rare Earths Extraction Technology
The Rare Earths Monthly Metals Index (MMI) stood pat this month, holding for a reading of 19. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The Search for Rare Earths As we noted in an MMI post earlier this year, the discovery of a large deposit of undersea rare earths approximately […]
Week in Review: Tariffs, Tata Steel and thyssenkrupp, and MMI Week
Before we head into the weekend, let’s take a look back at the week that was via some of the metals stories here on MetalMiner®: Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Automakers are speaking out against what could be a new round of tariffs from the Trump administration, this […]