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 […]
Category: Automotive
This Morning in Metals: thyssenkrupp CEO Says Europe Must Protect Steel Industry From China
This morning in metals news, thyssenkrupp CEO Heinrich Hiesinger said European lawmakers need to protect the steel industry from China, copper plummets to a seven-month low and President Donald Trump responded to a European threat of retaliatory tariffs (in response to potential U.S. tariffs on auto imports). Need buying strategies for steel? Try two free […]
GM Says Section 232 Auto Tariffs Would Harm Its Competitiveness
The Trump administration’s Department of Commerce announced in May that it would be using Section 232 once again, this time to investigate imports of automobiles and automotive components. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Secretary of Commerce Wilbur Ross testified before the Senate Finance Committee on June 20, a […]
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 […]
Week in Review: Copper’s Tumble, Steel Imports Fall and Harley-Davidson Zooms Away
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 Stuart Burns looks into the Trump administration’s metals tariffs and how much they have or haven’t spurred capacity […]
Week in Review: Italian Politics, MMI Week and Digital in Mining
Before we head into the weekend, let’s take a look back at the week that was and some of the stories here on MetalMiner: Need buying strategies for steel? Try two free months of MetalMiner’s Outlook MetalMiner’s Stuart Burns took a look at the political situation in Italy and its economic ramifications. MMI week is […]
Automotive MMI: Sales Bounce Back in May
The Automotive Monthly Metals Index (MMI) picked up two points this month, rising for a reading of 104. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook U.S. Auto Sales Sales in the U.S. bounced back in May after a slower April. According to the New York Times, May auto sales jumped 2%, driven […]
This Morning in Metals: U.S. Launches Section 232 on Auto Imports
This morning in metals news, the U.S. this week announced a new Section 232 probe investigating automotive imports, the specter of auto tariffs looms over Europe and Asia, and Mexico’s economy minister opines on the chances of a deal on the North American Free Trade Agreement (NAFTA) before the July Mexican presidential election. Need buying […]
Europe Has the Potential to Develop Domestic Lithium Sources
We normally associate Cornwall in England with scones and cream teas … or, if we are really metal nerds, we associate the sometimes sunny southeast country of the British Isles with mining (particularly with tin mining). Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The area dominated with igneous morphology has […]
Week in Review: Section 232, Nickel Fundamentals and a Brexit Check-In
Before we head into the weekend, let’s take a look back at the week that was. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook But first, if you plan on partaking in Cinco de Mayo celebrations tomorrow, you might want to check out our post from 2016 about stainless steel and […]
