This morning in metals news, a Turkish military pension fund has reportedly reached a tentative deal to buy the ailing British Steel, copper prices held flat Friday and the latest round of tariffs could impact China’s ability to prop up its economy. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
Category: Global Trade
This Morning in Metals: China Hopes to Reach U.S. Halfway in Trade Talks
This morning in metals news, China says it hopes to reach a compromise with the U.S. on trade, the U.S. Department of Commerce self-initiated an investigation related to imports of corrosion-resistant steel products and iron ore prices continue to slide. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Looking for […]
This Morning in Metals: Coca-Cola to Sell Dasani Water Brand in Aluminum Cans
This morning in metals news, beverage maker Coca-Cola has announced it will shift to aluminum cans for its Dasani water brand, the U.S. Department of Commerce announced it found evidence of dumping of refillable stainless steel kegs from Mexico and China still plans to send trade officials to Washington next month for talks. Need buying […]
This Morning in Metals: U.S. to Delay Tariffs on Some Consumer Goods from China
This morning in metals news, the United States Trade Representative (USTR) announced the U.S. would delay some of the recently announced tariffs on Chinese goods, what could be the largest copper mine project in North America recently got a key approval from the U.S. Forest Service and a Turkish military pension fund has a £900 […]
Week in Review: Trump’s New Tariffs, China’s Currency and Glencore’s Mutanda Decision
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 President Donald Trump announced a new 10% tariff on an additional $300 billion in Chinese goods, effective […]
This Morning in Metals: China Responds to Currency Manipulator Designation
This morning in metals news, China offered a response to the U.S.’s designation of it as a currency manipulator, British Steel’s lenders are looking for a speedy end to the auction for the liquidated steel company and Glencore announced it will pause production at a mine in the Democratic Republic of the Congo. Need buying […]
This Morning in Metals: U.S. Treasury Labels China a Currency Manipulator
This morning in metals news, the American Iron and Steel Institute (AISI) applauded the U.S. Treasury’s designation of China as a currency manipulator, U.S. companies are hoping the Trump administration does not impose tariffs on copper from the E.U. and Novelis announced its quarterly financial results. Need buying strategies for steel? Request your two-month free […]
U.S. Announces Another Round of Tariffs on Chinese Goods
It should come as no surprise that President Trump last week announced the imposition of a 10% tariff on an additional U.S. $300 billion worth of Chinese goods from Sept. 1. The new tariff would come on top of the 25% levy that Trump already imposed on $250 billion worth of Chinese imports — resulting […]
Week in Review: Trump Announces New Tariffs, Steel Imports Fall and Iron Ore Retraces
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 U.S. steel imports are down 13% through the first half of the year. Norsk Hydro announced it will […]
Trump: U.S. Will Impose 10% Tariff on Additional $300B in Chinese Goods
Although the U.S. and China restarted trade talks this week after a May flare-up in tensions — one that led to the U.S. increasing tariffs on $200 billion in Chinese goods, followed by $60 billion in retaliatory tariffs from China — tariffs were back on the table. Need buying strategies for steel? Request your two-month […]
