The Office of the United States Trade Representative (USTR) on Friday released a special Section 301 report in which it called out and identified certain trading partners who are falling afoul of intellectual property rights rules. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The USTR puts out the annual Special […]
Week in Review: Price Movements, Indian Exports and Section 232 Exemptions
Before we head into the weekend, let’s take a look back at the week that was with some of this week’s stories here on MetalMiner: Need buying strategies for steel? Try two free months of MetalMiner’s Outlook What’s going on with steel prices? Have they neared a top? MetalMiner’s Irene Martinez Canorea offered her analysis […]
This Morning in Metals: Steels Mills Shut Down in China’s Xuzhou
This morning in metals, steel mills in China’s second-biggest steelmaking province are shutting down, U.S. Steel reports its Q1 financials and Ecuadorian officials are engaging in talks to potentially bring a copper refinery to the country. Chinese Mills Shut Down in Pollution-Curbing Measure Several steel mills in the Chinese city of Xuzhou have been shut […]
This Morning in Metals: Germany Prepares for U.S. Steel Tariff as Clock Ticks on Exemption
This morning in metals news, Germany is getting ready to face the 25% U.S. steel tariff when the current temporary exemption for the E.U. expires early next week, Canada’s foreign minister says NAFTA negotiators have made progress on automotive rules and the E.U. is keeping a close eye on aluminum imports in the post-Section 232 […]
Aluminum Association Calls for Quota-Free Exemptions for ‘Responsible’ Trading Partners
The Aluminum Association sent a letter to President Donald Trump on Tuesday calling for quota-free tariff exemptions for all “responsible trading partners countries,” while also calling for specifically addressing Chinese overcapacity. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook “As you continue to evaluate and implement the Section 232 remedy, I urge you […]
LME Nickel Follows Aluminum in Price Slide
MetalMiner’s Stuart Burns touched on the rapid swing back downward for the aluminum price, which surged on news of U.S. sanctions on Russian oligarchs and companies but quickly dropped when the U.S. Treasury opened the door to potential easing of sanctions. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook But aluminum wasn’t the […]
This Morning in Metals: U.S. Steel Imports Jump 34% in March
This morning in metals, steel imports rose in March, global steel output was also up in March and miner Antofagasta reported a 10.5% drop in production in Q1. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook U.S. Steel Imports Jump in March Citing U.S. Census Bureau data, the American Iron and […]
EUROFER Says E.U. Steel Safeguard Measures Must Prevent Surge of Imports
The E.U.’s steel safeguard mechanism should work to prevent a “surge of imports” but should not “close the market,” European Steel Association (EUROFER) Director General Axel Eggert said Monday. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook “The safeguard mechanism should be broad, but the purpose is not to close the […]
This Morning in Metals: Chinese Steel Futures Up on Dropping Inventories
This morning in metals news, Chinese steel futures have hit a 1.5-month peak, Mexico is optimistic about reaching a deal on the North American Free Trade Agreement (NAFTA) and miner Freeport-McMoran posted a down quarter. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Chinese Steel Futures Rise Chinese steel futures are […]
This Morning in Metals: European Leaders to Address Steel Tariffs in Meetings with Trump
This morning in metals news, European leaders plan to press President Trump on steel this week, the aluminum price could be heading back down after the U.S. opened the door to easing the recently announced Russian sanctions and Glencore is looking into options with respect to recapitalization of one of its DRC copper operations. Need buying strategies […]