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 […]
Category: Ferrous Metals
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 […]
Chatting with CRU’s Josh Spoores Ahead of the 2019 SMU Steel Summit
Where are steel prices going from here? What about lead times? How are tariffs impacting the market? Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Those in the steel sector will have a chance to learn about all of the trends impacting the steel industry during the upcoming SMU Steel […]
This Morning in Metals: USTR Criticizes WTO Appellate Court Ruling on China
This morning in metals news, the United States Trade Representative USTR once again dished up criticism of the World Trade Organization’s (WTO) Appellate Court, China aims to mitigate the impact of rising iron ore prices on its steelmakers and India’s steel exports have plunged over the last year. Need buying strategies for steel? Request your […]
This Morning in Metals: U.S. Steel Sector’s Capacity Utilization Hits 81.1%
This morning in metals news, the U.S. steel sector continues to outproduce 2018 levels, copper prices are around two-week highs and President Donald Trump took to Twitter to tout the impact of the U.S.’s tariffs on China’s economy. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Capacity Utilization Rate Reaches […]
Trump Executive Order Aims to Increase Domestic Steel Content in Federal Procurement
The U.S. steel industry applauded the president’s latest executive order, which targets the augmentation of the percentage of domestic steel content — among other goods — in federal procurements. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook On Monday, July 15, the president signed a proclamation hailing this “Made in […]
This Morning in Metals: Trump to Sign Order Raising Steel Content Threshold for Federal Projects
This morning in metals news, President Donald Trump is expected to sign an executive order calling for heightened steel content thresholds for federal projects, Japanese firm Nippon Steel is planning to offload $1.9 billion in assets in order to purchase India’s Essar Steel and Chinese iron ore prices are getting a boost from a positive […]