This is not the first time critics have lined up to suggest Glencore is on the ropes, but close to the wind as the trader often sails, the firm will likely find solutions to its current challenges, substantial as they are. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook And let’s […]
Stuart Burns
Why Has Gold Not Lived Up to Its Status as a Safe Haven?
Stock markets in New York, London and Shanghai have been sliding for a month now since President Donald Trump unleashed a trade war on the U.S.’s trading partners in an effort to reset terms seen as unfair by Washington. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Normally, as stock markets […]
Trade Tariffs Will Adversely Impact the Automotive Sector
There will be significant winners and losers to the current U.S.-E.U. trade war, but none more so than in the automotive sector. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Size matters when it comes to reshuffling production among plants to avoid import tariffs. According to the Financial Times, larger companies […]
Tata Steel and Thyssenkrupp Reach Final Agreement on Merger
Steel giants Tata Steel and thyssenkrupp have been talking about it since 2016, but now they have finally managed to reach an agreement to merge their European operations into a 50-50 joint-venture, according to the BBC. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The merged business, to be called thyssenkrupp […]
Automakers Go on the Offensive Over Potential Tariffs
The president’s assertion that trade wars are easy to win is — at this stage, at least — looking a little less certain than it was at the outset. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Not surprisingly, exporters to the U.S. impacted by actual and proposed import tariffs are […]
Harley-Davidson Plans to Move Production Overseas in Latest Chapter of Trade Saga
President Donald Trump will not be the first commander-in-chief to find that waging wars on multiple fronts is a strategy with significant drawbacks. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Taking on America’s NAFTA partners, Canada and Mexico, at the same time as the European Union is encouraging multiple retaliatory […]
LNG Consumption Rises in Several Markets As Costs Fall
The diverse drivers of expanding renewable energy and demand for liquefied natural gas (LNG) are in turn stimulating demand for stainless steels and aluminum. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook Perversely, the growing competitiveness of renewable energy is making the use of natural gas less economic for baseload power generation. However, […]
Aluminum Tariffs Results Are a Mixed Bag for U.S. So Far
If the aim of President Trump’s 10% import tariff on aluminum was to impact China or to encourage the reshoring of primary aluminum production into the U.S., it has, at least so far, been at best only a partial success. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Just last month, […]
Is This a U.S.-China Trade War or Just a Chaotic Negotiation?
It may seem like we are on the brink of a trade war Armageddon. Certainly, stock markets have reacted negatively to the threat of a trade war between the world’s two largest economies, the U.S. and China. But the reality is we are in the midst of a crude, clumsy and haphazard negotiating process — […]
Glencore Is Getting Its DRC Affairs in Order
Even Glencore, with all its experience, contacts and resources, is finding the Democratic Republic of the Congo (DRC) a challenging place to do business. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook But this month Glencore has made significant progress in getting its DRC house in order. Firstly, the miner reached […]
