This morning in metals news, U.S. imports of steel dropped from May to June, Novelis is making a $2.6 billion acquisition, and President Donald Trump has agreed to work with the E.U. to remove trade barriers. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Steel Imports Drop U.S. imports of steel fell […]
Category: Ferrous Metals
U.S. Consultations Fizzle With India, Others Over Metals Tariffs
Ultimately, it went along expected lines. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook India and a handful of other nations held trade dispute settlement consultations with the United States over its steel and aluminum tariffs in Geneva, but got absolutely no concession from the latter, according to reports coming out […]
This Morning in Metals: U.S. Steel Imports Fall to 2.2M MT in June
This morning in metals news, U.S. steel imports dropped in June, General Motors reported its Q2 financial figures and renegotiation talks on the North American Free Trade Agreement (NAFTA) are set to pick up momentum. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook U.S. Steel Imports Hit 2.2M MT in June According […]
E.U. Steel Consumption Up 3% in Q1 2018
The European Union (E.U.) posted a 3% increase in apparent steel consumption during Q1 2018 compared with Q1 2017, according to a recent European Steel Association (EUROFER) report. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook According to EUROFER, the E.U. steel market began 2018 on “relatively strong footing,” but that […]
This Morning in Metals: DOC Launches Section 232 Uranium Investigation
This morning in metals news, the Department of Commerce launched another Section 232 investigation, the Section 232 auto probe hearings kicked off earlier this morning and Turkish steel production increased during the first six months of the year. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Commerce Launches Uranium Investigation As […]
European Safeguards Go Into Effect to Combat Diverted Steel
Announced by the European Commission yesterday, provisional steel safeguard measures went into effect today, covering 23 steel product categories. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The measures were instituted in response to a challenge about which European leaders have frequently expressed concern: diverted steel as a result of the […]
This Morning in Metals: British Steel Makes £50M Scunthorpe Investment
This morning in metals news, British Steel is set to make a big investment, steel production for the week ending July 14 dropped from the previous week and BHP Billiton’s iron ore production is up. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook British Steel to Invest £50M According to the Financial […]
This Morning in Metals: Canada Mulls Measures to Combat Diverted Steel
This morning in metals news, Canada is considering new tariffs or quotas to protect itself from steel diverted from the U.S., the U.S. goes at it with several WTO members and a major energy project in the U.S. is denied a tariff exclusion request. Need buying strategies for steel? Try two free months of MetalMiner’s […]
This Morning in Metals: China Hits Record Daily Steel Output in June
This morning in metals news, China hit a record vis-a-vis steel production, China responded to the U.S.’s threat of $200 billion in tariffs and copper continues its slide. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook A Record June China steelmakers put out a record amount of steel, on a daily […]
DOC Launches Anti-Dumping, CVD Investigations of Steel Rack Imports From China
Last week, the U.S. Department of Commerce announced it had launched anti-dumping (AD) and countervailing duty investigations of steel rack imports from China. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The alleged dumping margins in the AD case are 130.0-144.5%, according to a DOC release. The DOC added there 28 alleged […]
