This morning in metals news, the United States Trade Representative released a statement on the U.S.-China partial trade deal, copper prices fell back from a seven-month high Thursday, and Norsk Hydro signed a $1,600 million credit facility linked to its emissions targets. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire […]
Category: Global Trade
Reports: U.S., China reach tentative partial trade deal to avoid Dec. 15 tariffs
In a year full of stops and starts, false dawns and setbacks, it appears the world’s top two economic superpowers could have some form of a partial trade deal on the table. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! According to Bloomberg, the tentative agreement […]
This Morning in Metals: Markets eye tariff deadline, Fed’s rate decision
This morning in metals news, markets are anxiously eyeing Sunday’s U.S.-China tariff deadline, The Mongolian parliament passed a resolution relating to the Oyu Tolgoi mine (majority-owned by Rio Tinto) and United States Trade Representative (USTR) Robert Lighthizer weighed in on yesterday’s United States-Mexico-Canada Agreement (USMCA) news. Looking for metal price forecasting and data analysis in […]
This Morning in Metals: White House, House Democrats reach deal on revised USMCA
This morning in metals news, the Trump administration and House Democrats have reached a deal on the revised United States-Mexico-Canada Agreement (USMCA), the U.S. steel industry saw its capacity utilization inch further downward in the year to date, and U.S. steel shipments jumped 1.9% in October. Looking for metal price forecasting and data analysis in […]
This Morning in Metals: U.S. steel prices gain momentum
This morning in metals news, U.S. steel prices have gained some upward momentum over the last month, the U.S. and Mexico are reportedly drawing closer to an agreement over revisions to the United States-Mexico-Canada Agreement (USMCA), and U.S. steel import permit applications declined in November. Looking for metal price forecasting and data analysis in one […]
This Morning in Metals: Steel imports rise; U.S.-China trade talks continue
This morning in metals news, the U.S. Census Bureau reported October steel imports increased from the previous month, U.S.-China trade talks continue and industrial production declined in October. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Steel imports rise According to the U.S. […]
Don’t look to Beijing to raise global growth via stimulus as it has in the past
In previous downturns, Beijing has taken a range of stimulus measures to keep the economy growing robustly; as a result, it has contributed positively to global GDP and commodity prices. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. But this time around Beijing […]
Week in Review: ArcelorMittal Closures, Platinum Demand and a Call for a Section 232 Sunset
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, including our coverage of: ArcelorMittal’s plant closure in South Africa, the oil price outlook, U.S. steel capacity utilization and steel prices, CAMMU’s call for a Section 232 sunset provision, and […]
This Morning in Metals: Tesla unveils new stainless steel ‘Cybertruck’
This morning in metals news, automaker Tesla this week showed its new Cybertruck, Chinese President Xi Jinping said he wants to reach an initial trade deal with the U.S. and the CEO of Ace Hardware said the Trump administration’s tariffs are “manageable.” Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire […]
This Morning in Metals: Section 232 auto tariff deadline passes — with no decision
This morning in metals news, trade experts cited by Reuters say the U.S. might have to find another route to impose tariffs on imported automobiles, Japan’s crude steel output dropped in October and U.S. steel prices have started to show some signs of upward momentum. Need buying strategies for steel? Request your two-month free trial […]