This morning in metals news: The U.S. steel sector posted another incremental increase in capacity utilization. Meanwhile, the Aluminum Association applauded a Department of Commerce decision regarding subsidies of imported aluminum sheet. Lastly, Alcoa criticized the Trump administration’s decision to reimpose the Section 232 aluminum tariff on imports from Canada. Steel sector capacity utilization rises […]
Category: Ferrous Metals
First, Canadian aluminum … could U.S. target steel next for tariffs?
Following President Donald Trump’s reimposition of 10% import tariffs on Canadian aluminum, the U.S.’s northern neighbor is now sweating the possible reimposition of steel tariffs. The U.S. imposed the Section 232 tariffs in 2018. Eventually, the U.S. lifted them following the successful agreement of the United States-Mexico-Canada Agreement (USMCA). “I hear that they’re going to […]
This Morning in Metals: Ontario Premier Doug Ford says U.S. steel tariffs could be next
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 […]
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.