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 has a coal shortage that comes to the benefit of the U.S. coal industry. Stuart Burns delves […]
Fouad Egbaria
This Morning in Metals: Lighthizer Says Canada is National Security Threat in Steel
This morning in metals, U.S. Trade Representative (USTR) Robert Lighthizer said Canada is a national security threat with respect to steel, the U.S. posted 4.1% GDP growth in Q2 and The Coca-Cola Company says it is raising prices on account of the Trump administration’s 10% aluminum tariff. Need buying strategies for steel? Try two free […]
MetalMiner Budgeting Workshop Surveys State of Metals Markets
MetalMiner® hosted its annual Budgeting Workshop on Wednesday, July 25, in Chicago, during which Executive Editor/Co-founder Lisa Reisman, Procurement Forecast Analyst Irene Martinez Canorea and Co-founder/Editor-at-large Stuart Burns shared their expertise on various metals markets and thought processes for procurers to consider as they attempt to lower their metals spend. Metals procurers attended the workshop […]
This Morning in Metals: U.S. Imports of Steel Fall 15.5% From May to June
This morning in metals news, U.S. imports of steel dropped from May to June, Novelis is making a $2.6 billion acquisition, and President Donald Trump has agreed to work with the E.U. to remove trade barriers. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Steel Imports Drop U.S. imports of steel fell […]
Freeport-McMoRan Reports Q2 Net Income Jump As Copper Price Continues to Fall
Miner Freeport-McMoRan Inc., the world’s largest publicly traded copper producer, announced its second-quarter earnings Wednesday. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The miner reported Q2 net income attributable to common stock of $869 million and $1.6 billion for the first six months of the calendar year. The figures compare with […]
This Morning in Metals: U.S. Steel Imports Fall to 2.2M MT in June
This morning in metals news, U.S. steel imports dropped in June, General Motors reported its Q2 financial figures and renegotiation talks on the North American Free Trade Agreement (NAFTA) are set to pick up momentum. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook U.S. Steel Imports Hit 2.2M MT in June According […]
E.U. Steel Consumption Up 3% in Q1 2018
The European Union (E.U.) posted a 3% increase in apparent steel consumption during Q1 2018 compared with Q1 2017, according to a recent European Steel Association (EUROFER) report. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook According to EUROFER, the E.U. steel market began 2018 on “relatively strong footing,” but that […]
This Morning in Metals: Chinese Aluminum Foil Maker Sues Over U.S. Duties
This morning in metals news, a Chinese company that makes aluminum foil is suing the U.S. over anti-dumping and countervailing duties imposed on the product, Japan is concerned about a rise in Chinese steel exports and President Trump throws another supporting tweet behind his tariffs. Need buying strategies for steel? Try two free months of […]
USTR Hearings on Proposed $16B in Tariffs Begin Days After Trump’s $500B Threat
After last week’s hearings on the Department of Commerce’s Section 232 investigation of automobile and automotive part imports, this week the Office of the United States Trade Representative (USTR) will holding public hearings on the proposed list of items to be subjected to tariffs pursuant to Section 301. Need buying strategies for steel? Try two […]
This Morning in Metals: China Launches Anti-Dumping Probe of Stainless Steel Imports
This morning in metals news, China initiated an anti-dumping probe of stainless steel imports worth a total of $1.3 billion, LME copper held above its one-year low Monday and President Trump will visit the Granite City steelworks in Southern Illinois this Thursday. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook China […]
