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 […]
Category: Ferrous Metals
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 […]
India, U.S. Set to Meet Over Metals Tariffs This Week
The U.S. and India are scheduled to sit across the table this week in Geneva to discuss the case filed by India with the World Trade Organization’s (WTO) dispute settlement mechanism over the U.S.’s imposition of import duties on steel and aluminum. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The […]
The July MMI Report: Metals Markets Post a Down Month as Trade Tensions Rise
It was another busy month in the world of metals. Then again, these days quiet months in metals or in trade, generally, are few and far between. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Trade tensions continued to rise, as $34 billion in tariffs on Chinese goods went into effect […]
This Morning in Metals: Trump Threatens China With Additional $200B in Tariffs
This morning in metals news, President Donald Trump threatened China with an additional $200 billion in tariffs, copper fell to a one-year low and Glencore released a statement regarding the subpoena it received from the U.S. Department of Justice in its corruption probe. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook […]
Stainless Steel MMI: LME Nickel Prices Fall While Stainless Surcharges Rise
The Stainless Steel Monthly Metals Index (MMI) fell slightly this month, down to 82 from 84. Despite the fall in the Stainless Steel MMI, the index remains at February 2015 highs. The index dropped due to a slight decrease in LME nickel prices in June. However, stainless steel surcharges inched higher again this month, remaining […]
