The U.S. imported 13% less steel in the first half of 2019 compared with the first half of 2018, the American Iron and Steel Institute (AISI) reported recently. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Through the first six months of the year, U.S. total steel imports reached 15.62 million […]
Category: Ferrous Metals
Week in Review: E.U. Steel Quotas, Samarium Cobalt Magnets and Aluminum 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: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The European Steel Association again criticized the impact of rising steel quotas included within the steel safeguards […]
Tata Steel Plans to Increase Annual Crude Steel Capacity to 30M Tons by 2025
India’s foremost private sector steel company, Tata Steel, plans to increase crude steel capacity to 30 million tons a year by 2025, from the present level of approximately 20 million tons a year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Toward that goal, the steelmaker said it will raise […]
This Morning in Metals: U.S. June Steel Imports Fall to 1.8M Metric Tons
This morning in metals news, June steel imports in the U.S. declined, U.S.-China trade talks are expected to resume after falling apart in May and copper prices picked up Wednesday. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook June Steel Imports Hit 1.8M Tons June steel imports in the U.S. […]
This Morning in Metals: Steel Dynamics Announces New Flat-Rolled Steel Mill Site
This morning in metals news, Steel Dynamics announced the site of a planned new flat-rolled steel mill, Norsk Hydro says aluminum demand is falling in Germany and Canadian aluminum producers are enjoying boosted profits on the heels of the removal of the U.S.’s Section 232 tariffs. Need buying strategies for steel? Request your two-month free […]
U.S. Steel Sector Hits Capacity Utilization Rate of 81.1%
For the year as of July 20, the U.S. steel sector notched a capacity utilization rate of 81.1%, up from 77.0% for the same period in 2018, according to the U.S. steel production report released by the American Iron and Steel Institute (AISI). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]
This Morning in Metals: China to Impose Anti-Dumping Duty on Stainless Steel
This morning in metals news, China is poised to to impose anti-dumping duties on a number of countries, Nucor says it is happy with the results of the Trump administration’s tariffs and Brazilian miner Vale’s second-quarter output plunged. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook China to Hit Imports of […]
U.S. Says Steel Racks Dumped from China, Aided by Countervailable Subsidies
The U.S. Department of Commerce announced late last week that it found evidence of dumping and countervailable subsidization of steel racks from China. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook According to the DOC, imports of the steel racks from China were dumped into the U.S. at less than […]
Rising Quotas, Declining Growth Pose Challenges for E.U. Steel Sector
Recently, the European Steel Association (EUROFER) argued that a series of factors, including rising imports and slowing economic growth, are posing an existential threat to the E.U.’s steel industry. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Earlier this year, the E.U. imposed steel safeguards in an attempt to protect […]
Week in Review: Trump’s Executive Order, Oyu Tolgoi and Housing Starts
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: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In case you missed it, the July 2019 MMI report was released last week. Zinc and lead […]