Steel and aluminum are getting all the attention these days — and perhaps rightfully so, given the international row over the U.S.’s steel and aluminum tariffs and the subsequent crossfire of counter-tariffs. But copper, often referred to as “Dr. Copper” for its usefulness as an overall indicator of economic health, is also undergoing important developments. […]
This Morning in Metals: Sanjeev Gupta Reopens Steelworks in South Carolina
This morning in metals news, Sanjeev Gupta reopened his GFG Industrial Group’s steelworks in South Carolina in an effort to beat the U.S. steel tariff, the steel tariff could lead to the loss of jobs at a Missouri nail production plant and Harley-Davidson feels the sting of the E.U.’s counter-tariffs. Need buying strategies for steel? […]
Week in Review: Norway’s WTO Dispute, the Copper Market and Trade Tensions
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 Rio Tinto and Minmetals entered into a joint venture for mineral exploration in China. Norway initiated a World […]
Commerce Secretary Ross Testifies on Trade Actions Before Senate Finance Committee
Rising trade tensions are all the talk these days, stemming from an increasingly complicated web of tariffs, counter-tariffs and World Trade Organization (WTO) disputes, not to mention the ongoing talks surrounding renegotiation of the 24-year-old North American Free Trade Agreement (NAFTA). Need buying strategies for steel? Try two free months of MetalMiner’s Outlook On Wednesday, […]
This Morning in Metals: JSW Steel USA Announces 1,000 New Jobs
This morning in metals news, JSW Steel USA announces it will add 1,000 jobs, India announces retaliatory tariffs in response to the U.S. steel tariff and aluminum tariffs, and the copper price fell for a second straight week. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook JSW Announces New Jobs JSW […]
E.U. Responds to U.S. Tariffs With Duties on Products Worth €2.8B
The European Union announced Wednesday that it will impose duties on a list of U.S. products, worth approximately €2.8 billion, in response to the U.S.’s steel and aluminum tariffs. The 25% duty will go into effect Friday, June 22. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The U.S.’s 25% duty on […]
This Morning in Metals: U.S. Announces Steel Tariff Product Exclusions
This morning in metals news, the U.S. released the first round of exclusion request responses vis-a-vis the Section 232 steel tariff, copper bounces back and ThyssenKrupp looks to form a joint venture in China. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Exclusion Time The U.S. Department of Commerce announced Wednesday […]
DOC Makes Affirmative Ruling in Chinese Aluminum Sheet AD Probe
The U.S. Department of Commerce (DOC) issued an affirmative preliminary ruling this week in its anti-dumping investigation of imports of common alloy aluminum sheet. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook “The association and its member companies that produce common alloy aluminum sheet are very pleased with this finding that again underscores […]
This Morning in Metals News: E.U. to Impose Tariffs on U.S. Goods
This morning in metals news, the European Union plans to import retaliatory tariffs against the U.S. this week, Canada is considering aid to auto companies in light of proposed U.S. auto tariffs and President Trump’s trade adviser defends the administration’s tariff strategy. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook E.U. […]
Canadian Chambers of Commerce Express Support for Government Response to U.S. Trade Actions
In a letter dated June 18 to Canadian Prime Minister Justin Trudeau, Canadian Chamber of Commerce CEO and President Perrin Beatty — along with nine heads of provincial Chambers of Commerce — wrote to express “support for the government’s efforts to defend Canadian interests in the face of unprecedented trade actions by the United States […]