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 Stuart Burns looks into the Trump administration’s metals tariffs and how much they have or haven’t spurred capacity […]
Fouad Egbaria
This Morning in Metals: Canada Mulls Blanket Steel Tariff
This morning in metals news, Canada could respond to the U.S. steel tariff with a broad global tariff of its own, the governor of Texas says the metals tariffs could harm the oil and gas sectors, and India could be the recipient of a flood of redirected Chinese steel. Need buying strategies for steel? Try […]
This Morning in Metals: Lighthizer Criticizes ‘Hypocrisy’ of Global Trading System
This morning in metals news, U.S. Trade Representative Robert Lighthizer lashed out at the E.U.’s retaliatory tariffs, the Section 232 exclusion request process has allowed for some commercial gamesmanship and automakers warns against potential tariffs on imports of foreign cars. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Lighthizer Tut-Tuts E.U. […]
New European Commission Report Touts Removal of Trade Barriers
As even casual watchers of world affairs and international commerce might have caught on to by now, protectionism — or, at minimum, complaints of protectionism — has been on the rise. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The current of protectionism has blown in many directions, from the U.S. […]
DOC Makes Preliminary Affirmative Determination in Cast Iron Soil Pipe Probe
The U.S. Department of Commerce announced Tuesday that it had made a preliminary affirmative determination in its countervailing duty investigation of cast iron soil pipe imports from China. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The department calculated countervailing subsidies ranging from 13.11-111.20%. The 13.11% rate was applied to Yuncheng Jiangxian […]
American Institute for International Steel Files Legal Challenge of Section 232 Statute
Nations around the world have worked to formulate their responses to the U.S.’s Section 232 steel and aluminum tariffs of 25% and 10%, respectively, since they were instituted earlier this year. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Domestically, businesses have had the opportunity to file tariff exclusion requests with […]
This Morning in Metals News: Miners Call for Lifting of Philippines Ban
This morning in metals news, miners in the Philippines are calling for an end to the country’s ban on new large-scale projects, President Donald Trump tweeted his administration is finishing a study regarding potential tariffs on imported cars, and Russia’s prime minister called for retaliation against the U.S.’s steel and aluminum tariffs. Need buying strategies […]
May Steel Imports Down 23% From Previous Month
U.S. imports of steel dropped 23.2% in May compared to the previous month, according to an American Iron and Steel Institute (AISI) report citing U.S. Census Bureau data. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The U.S. imported a total of 2,887,000 net tons of steel in May. The finished […]
This Morning in Metals: E.U. Could Have Steel-Curbing Measures by Mid-July
This morning in metals news, it might not be long before the European Union imposes new measures to curb steel import levels, the zinc price continues its slide and Chinese President Xi Jinping warns that China is not afraid of fighting back on trade. Need buying strategies for steel? Try two free months of MetalMiner’s […]
Global Crude Steel Production in May Up 6.6% Year Over Year
Global crude steel production in May rose 6.6% compared with production in May 2017, according to a World Steel Association report released Monday. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Global production for the month hit 154.9 million tons (MT), according to the report. Several Asian nations saw significant upticks […]
