This morning in metals news, the Office of the United States Trade Representative (USTR) dished out criticism for a global steel forum and its efforts toward curbing excess steel capacity, Chinese steel rebar prices are up and Walmart warns tariffs could result in price increases. Need buying strategies for steel? Request your two-month free trial […]
This Morning in Metals: Union Expresses Frustration in Contract Talks with U.S. Steel
This morning in metals news, contract talks between United Steelworkers and U.S. Steel have been “frustrating,” China’s scrap usage increased during the first six months of the year and Thyssenkrupp’s CEO says the firm will forge on with plans to merge its European operations with those of Tata Steel Need buying strategies for steel? Request […]
Tariffs and Commodities: MetalMiner at The Right Place/Supply Chain Management Council’s Commodity Trends 2019 Outlook
As readers of MetalMiner are no doubt familiar, tariffs have changed the commodities landscape over the last year-plus. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook That very subject was at the center of a conference last week in Grand Rapids, Michigan. During The Right Place/Supply Chain Management Council’s Commodity […]
European Commission Proposes Changes to Modernize WTO
The World Trade Organization (WTO) came to be in January 1995, and has since served as a global body for mediation of trade disputes between nations. But much has changed since 1995. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Now, nearly a quarter of a century later, some are […]
This Morning in Metals: India Mulls Increasing Duty on Steel Imports
This morning in metals news, India is considering upping its steel import duty, China’s spending on subways could assist its steel sector and an update in the Rusal sanctions saga. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Supporting the Rupee In order to give support to its currency, the […]
This Morning in Metals: China Files WTO Complaint Over U.S.’s Latest Tariffs
This morning in metals news, China went to the World Trade Organization to file a complaint regarding the U.S.’s $200 billion worth of tariffs announced Monday, Nucor resumes operations in the Carolinas following Hurricane Florence and copper prices rally. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook China Goes to […]
Trump Administration Hits $200 Billion in Chinese Imports with 10% Tariff
The Trump administration announced after markets closed Monday that it would go through with the imposition of a 10% tariff on $200 billion worth of Chinese goods. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The tariffs — stemming from the United States Trade Representative’s (USTR) Section 301 investigation of […]
The September MMI Report: Seven of 10 Subindexes Drop
The September Monthly Metal Index (MMI) report is in the books. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The month saw seven of our 10 MMIs posting declines, with two staying put and one increasing (Construction). A few highlights from this month’s report: U.S. Midwest aluminum premiums fell for […]
This Morning in Metals: Trump Again Tweets Support for Tariff Strategy
This morning in metals news, President Donald Trump again expressed support for imposing tariffs on imports (as the U.S. considers further tariffs on Chinese goods), shares of the Chinese aluminum giant China Hongqiao fell, and base metals prices are down on the prospect of escalating tariffs between China and the U.S. Need buying strategies for […]
Week in Review: Shale Gas, MMI Week and the Rusal Sanctions Deadline
Before we head into the weekend, let’s take a look back at the week that was and some of the top metals storylines here on MetalMiner: Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook The shale gas sector appears to be slowing down, but the extent and longevity of the slowdown remains to […]