This morning in metals news, domestic raw steel production for the week ending Feb. 24 was up slightly from the same week last year, Shanghai copper prices drop and Japan’s steel exports rose 24.1% in January. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Raw Steel Production Up 0.7% Year Over […]
Category: Exports
What Could be the Outcomes for the Section 232 Aluminum Probe?
Although my colleagues have written in detail exploring the specifics of the Section 232 investigations in steel and aluminum, recently completed by the U.S. Department of Commerce, it is worth considering the likely outcomes. This is particularly true for aluminum, because the production market is not as integrated as it is for steel. Often, primary […]
This Morning in Metals: U.S. Dept. of Defense Backs Targeted Steel, Aluminum Tariffs
This morning in metals news, the U.S. Department of Defense recently indicated it would prefer targeted tariffs as opposed to a blanket strategy, Australian Prime Minister Malcolm Turnbull will press President Donald Trump on an assurance last year that Australia would be exempted and London copper is down for the week. Buying Aluminum in 2018? […]
This Morning in Metals: Chinese Scrap Steel Exports Jump in 2017
This morning in metals news, China’s scrap steel exports surged last year, two popular American non-metal products could be affected by steel and aluminum tariffs, and a miner of gold and silver looks to get into copper and zinc. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Chinese Scrap Steel Exports […]
Breaking Down Section 232 Aluminum, Part 3: The Impact on U.S. Production
(Editor’s Note: In case you missed the previous installments of this series, check out Part 1 and Part 2.) What About the Impact on U.S. Production? First, the recommendations from the Department of Commerce apply to both primary (or upstream) and downstream production. The upstream production refers to unwrought production, while downstream production consists of […]
China’s Aluminum Industry Looking for Outlets for Excess Metal
China is both the world’s largest aluminum producer and consumer. So, not surprisingly, what happens in the Chinese market has a major impact on global aluminum prices. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook There was a time some years ago when China’s primary aluminum market operated largely in isolation, with primary […]
Indian Steel Exports Post ‘Unprecedented’ Rise in 2017
There’s a feel-good story emerging out of India vis-a-vis the steel sector. A recent policy document showed a rise in steel exports in 2017, while a freshly released World Steel Association (WSA) report recorded a growth in crude steel production last year. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The […]
The Markets Have Bought in to the OPEC-led Output Cuts
After hitting a low of below $43/barrel in mid-2017, the oil price has risen inexorably to its highest level since 2015, according to the Financial Times. Rising some 35% since July, Brent crude hit over $67/barrel as hedge funds heap long positions despite the market, by most accounts, still being in surplus. Benchmark Your Current […]
