This morning in metals news: Ontario Premier Doug Ford said the U.S. may follow up its reinstatement of aluminum tariffs with tariffs on Canadian steel; utility-scale battery storage continues to become more prevalent; and China imported a record amount of iron ore in July. We’re offering timely emails with exclusive analyst commentary and some best […]
Category: Ferrous Metals
This Morning in Metals: Trump reimposes 10% tariff on some Canadian aluminum
This morning in metals news: President Donald Trump on Thursday signed a proclamation to reimpose tariffs on some Canadian aluminum; China’s copper imports surged in July; and the Bureau of Labor Statistics released its latest jobs report Friday morning.
Week in Review: Aluminum prices rise; steel capacity gains; Ford CEO to retire
It was another busy week in the world of metals and metal-using sectors. Among this week’s major developments were an executive shakeup at Ford, aluminum prices on the rise in China and a U.S. steel sector seeing capacity utilization gains week by week.
This Morning in Metals: E.U. extends anti-dumping duties on Chinese stainless
This morning in metals news: the European Commission on Wednesday extend anti-dumping duties on stainless steel from China; miner Glencore released its half-year report; and Brazil is trying to meet China’s surging iron ore demand. For more news and notes from the world of metals, make sure to subscribe to the free MetalMiner e-newsletter, Gunpowder.
Despite COVD-19 fallout, some Indian steel executives see signs for optimism
Although domestic demand has been hit hard in India, CEOs of Indian steelmakers see signs for optimism.
U.S. steel capacity utilization inches closer to 60%
The U.S. steel sector’s steel capacity utilization rate has continued to inch upward in recent months, rising to 59.3% for the week ending Aug. 1.
USITC maintains existing duties on carbon, alloy steel wire rod products
The United States International Trade Commission recently ruled in a five-year sunset review of duties on carbon and alloy wire rod imports from several countries.
Week in Review: Stainless steel demand; industrial production; copper prices
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.
Tata Steel to launch first scrap-based steel plant in India
India’s first scrap-based steel plant will soon come online. Tata Steel has set up the new plant in Haryana in central India. The plant is expected to have an annual capacity of 500,000 tons, the Hindu Business Line reported. Tata has set up the plant in collaboration with Aarti Green Tech Ltd, a subsidiary of […]
This Morning in Metals: Canadian P1020 aluminum exports to U.S. fall in July
This morning in metals news: the Aluminum Association of Canada reported the country’s aluminum exports to the U.S. have declined; Great Lakes region steel production is down this year; and the International Tin Association commented on Yunnan province’s tin stockpiling initiative.
