This morning in metals news, new orders for manufactured durable goods increased in December, Lake Michigan steel mills have struggled with a variety of operational challenges and the Chinese government has continued efforts to curb the spread of the coronavirus. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner […]
Category: Ferrous Metals
Census Bureau: U.S. steel imports down 17% through first 11 months of 2019
U.S. steel imports through the first 11 months of 2019 were down 17% compared with the same period in 2018, according to preliminary U.S. Census Bureau data. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Imports through the first 11 months of 2019 reached 23.9 millions […]
Trump expands Section 232 tariffs on steel, aluminum derivatives
Late Friday, the Trump administration announced it would raise the Section 232 steel and aluminum tariffs, originally imposed in 2018, on imports of steel and aluminum derivatives. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! “The Secretary has informed me that domestic steel producers’ capacity utilization […]
This Morning in Metals: Copper prices slide amid coronavirus fears
This morning in metals news, copper prices have been sliding amid growing fears over the spread of the coronavirus in China, laminated steel manufactured by Tata Steel in the Netherlands has been exempted from U.S. tariffs and China’s Jingye is reportedly considering building a new metals recycling furnace in the U.K. Looking for metal price […]
Department of Commerce rules fabricated structural steel dumped from Canada, China, Mexico
The U.S. Department of Commerce (DOC) issued affirmative final determinations in its anti-dumping and countervailing subsidy investigations of fabricated structural steel imports from China, Canada and Mexico. The DOC issued final determinations in its anti-dumping probe for China, Canada and Mexico, while issuing affirmative determinations in its parallel countervailing duty probe for China and Mexico […]
This Morning in Metals: E.U. eyes potential tariffs on stainless steel from China, Taiwan, Indonesia
This morning in metals news, the European Union has registered flat-rolled stainless steel imports from a trio of Asian countries in what could be a prelude to tariffs, China’s Jingye Group plans to cut 500 jobs as part of its British Steel takeover and manufacturers look to adapt to business conditions in the years ahead. […]
U.S. steel industry’s capacity utilization rate hits 82.3%
The U.S. steel sector reached a capacity utilization rate of 82.3% for the year through Jan. 18, according to the American Iron and Steel Institute (AISI). Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Production for the year to date reached 4.94 million tons, up 2.6% […]
This Morning in Metals: Rio Tinto releases Q4 production results
This morning in metals, miner Rio Tinto recently released its Q4 production results, China unveiled new copper scrap and aluminum scrap regulations, and China’s Jingye Group has called on consultants to help strengthen its case for its British Steel takeover plans. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about […]
Fed: Total industrial production down in December; mining, manufacturing up
According to the U.S. Federal Reserve’s latest report on industrial production, industrial production in December dipped 0.3%. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Industrial capacity utilization dipped by 0.4 percentage point to 77.0%, which is down from the long-run average — from 1972-2018 — […]
This Morning in Metals: U.S. to appeal WTO panel decision in Indian steel dispute
This morning in metals news, the U.S. plans to appeal a World Trade Organization (WTO) compliance panel ruling related to its steel dispute with India, China’s crude steel production again hit a record high in 2019 and General Motors announced plans to invest $40 million at its Spring Hill Global Propulsion Systems plant in Tennessee. […]
