Before we head into the long Labor Day weekend, let’s take a look back at the week that was in the world of metals. Automakers released August sales reports, mostly showing sales remain down compared with 2019 levels. Meanwhile, for the week ending Aug. 29, U.S. steel mills’ capacity utilization fell compared with the previous […]
Category: Global Trade
This Morning in Metals: SHFE copper heads for fifth consecutive monthly rise
This morning in metals news: copper on the SHFE is headed for its fifth straight month of price increases; a Swedish joint venture is ramping up its efforts toward producing fossil-fuel-free steel; and Mexico is instituting a new export pre-approval process to avoid reimposition of steel tariffs by U.S. President Donald Trump. Do you know […]
This Morning in Metals: China picks up steel buying from India
This morning in metals news: China’s steel purchases from neighbor India have jumped this year; Japan’s Nippon Steel is wary of China’s steel dominance; and the U.S. trade deficit in goods increased in July. You want more MetalMiner on your terms. Choose how often you hear from us – weekly, monthly, or quarterly – by […]
This Morning in Metals: Liberty Steel to acquire French steel assets
This morning in metals news: Liberty Steel Group announced it plans to acquire several French steel assets; the nationwide aluminum can shortage is impacting brewers; and the United States Trade Representative (USTR) last week announced changes to its $7.5 billion tariff package on European goods. Stay up to date on MetalMiner with weekly, monthly, or […]
This Morning in Metals: USITC requests $2.75M to assist in USMCA implementation
This morning in metals news: the United States International Trade Commission asked for an additional $2.75 million in its budget to help it toward implementation of the United States-Mexico-Canada Agreement (USMCA); the World Gold Council released its H1 2020 report; and U.S. beverage makers are grappling with an aluminum can shortage.
This Morning in Metals: CIT rules on U.S. doubling of Section 232 steel tariffs on imports from Turkey
This morning in metals news: the U.S. Court of International Trade ruled the U.S.’s doubling of Section 232 steel tariffs for imports from Turkey in 2018 violated the Fifth Amendment’s Equal Protection guarantees; Western Copper and Gold announced an increase in its mineral reserves; and Alcoa released its second-quarter earnings results.
Week in Review: U.S.-China trade; U.S. automotive sales; LME aluminum load-out queues
Before we head into the weekend, let’s take a look at the week that was and some of the metals storylines here on MetalMiner: Sign up today for Gunpowder, MetalMiner’s free, weekly e-newsletter featuring news, analysis and more. MetalMiner’s Stuart Burns interviewed Stratfor’s Rodger Baker on the state of U.S.-China trade tensions. U.S. automotive sales […]
This Morning in Metals: U.S. steel capacity utilization rate jumps again to 56.6%
This morning in metals news, the U.S. steel sector again posted another incremental rise in its steel capacity utilization rate, Freeport-McMoRan adjusted its Q2 copper sales estimates and the Airbus–Boeing tariff saga continues.
U.S.-China trade relations: Q&A with Stratfor’s Rodger Baker on potential U.S. sanctions
MetalMiner had the opportunity today to interview respected geopolitical intelligence firm Stratfor, acquired earlier this year by RANE (Risk Assistance Network + Exchange) and quiz Rodger Baker, Stratfor’s senior VP of strategic analysis, on forthcoming sanctions against China.
Week in Review: Buying in volatile markets; Annual Outlook update; oil price drivers
Before we head into the Fourth of July weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner: