This morning in metals news, 2017 was a good year for Chilean miner Codelco, the city of Handan in China has called for a 25% reduction in steel mill production and the impact on Mexico of a terminated North American Free Trade Agreement (NAFTA). State Miner Says Profit, Output Rose Last Year Codelco announced that its […]
Category: Company News
This Morning in Metals: Japan’s Aluminum Industry Calls for End to U.S. Aluminum Tariff
This morning in metals news, Japan is calling for the U.S. to ditch its recently imposed Section 232 aluminum tariff, U.S. steel exports were up 13% last year and Texas Gov. Greg Abbott announced a $500 million investment from JSW Steel for its facility in Baytown, Texas. Need buying strategies for steel? Try two free […]
Week in Review: Section 232 Tariffs, Exemptions and a Big Thursday for the Trade World
Before we head into the weekend, let’s take a look a look back at the week that was and some of the stories here on MetalMiner: Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook Stuart Burns delves into falling Chinese iron ore prices — it’s not just about port stocks. The U.S. International […]
This Morning in Metals: E.U. Wants Permanent Exemptions From Section 232 Tariffs
This morning in metals news, the E.U. is looking to make its exemption from the U.S.’s Section 232 steel and aluminum tariffs permanent, reports indicate Tata Steel’s bid for Bhushan Steel could be as much as $5.3 billion, and China announced plans to impose tariffs on a number of U.S. goods in response to President […]
India’s Nalco and Canada’s Almex Get Closer to Joint Venture
Late last year, India’s National Aluminium Company (Nalco) had talked of striking up a joint venture (JV) in India with two companies – Canadian firm Almex and Rusal of Russia. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook This week, according to a news report, Nalco has firmed up plans to […]
This Morning in Metals: DOC Announces Exclusion Process for New Tariffs
This morning in metals news, the U.S. Department of Commerce announced its tariff exclusion process for steel and aluminum, world leaders announce the intention to work together on steel overcapacity, and bank accounts have been seized in connection to a corruption probe involving Rio Tinto’s Mongolia mine. Need buying strategies for steel? Try two free months […]
High China Iron Ore Port Stocks Not the Whole Story
Not surprisingly, any discussion of iron ore prices in top consumer China inevitably involves some reference to import stock inventory. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook So when Reuters reports that the Dalian commodity exchange May iron ore contract price touched a low of 475.50 yuan per ton this […]
This Morning in Metals: Brewers Association Expresses Concern Over Tariffs
This morning in metals news, the Brewers Association issued a statement expressing qualms about the Trump administration’s steel and aluminum tariffs, one analyst says U.S. Steel might actually be worse off after the tariffs, and copper miners are looking to the Mongolian dunes. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook […]
This Morning in Metals: U.S. Steel to Reopen Illinois Steelmaking Facilities After Tariffs Announcement
This morning in metals news, Pittsburgh-based U.S. Steel announced it plans to restart a blast furnace facility in Illinois, Trump talks tough to E.U. and Chile’s trade surplus is powered by strong copper exports. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook U.S. Steel to Restart Illinois Operations U.S. Steel announced this […]
This Morning in Metals: Nucor CEO Says Tariffs Treat Other Countries ‘How They Treat Us’
This morning in metals news, Nucor CEO John Ferriola weighed in on President Trump’s tariffs proposal, embattled Kobe Steel admits that its data fraud traces back more than five decades and Shanghai zinc has a tough day. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook ‘How They Treat Us’ As the world waits […]
