More than a year and a half has elapsed since President Donald Trump, leveraging Section 232 of the Trade Expansion Act of 1962, imposed tariffs on imported steel and aluminum of 25% and 10%, respectively. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Trump applied the tariffs using the Section […]
Category: Global Trade
Week in Review: Copper Prices, ‘Steelmageddon’ and U.S.-E.U. Trade Talks
Before we head into the weekend, let’s take a look at the week that was and some of the metals coverage here on MetalMiner, including: copper prices, “Steelmageddon,” rising palladium prices, and aluminum and steel demand in Europe. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s […]
This Morning in Metals: China Renews Call for Removal of Tariffs
This morning in metals news, China again emphasized its desire for a removal of tariffs toward the goal of an initial trade deal with the U.S., U.S. Steel has laid off more workers and a Taiwanese firm is planning to invest $100 million in a new Turkish steel factory. Keep up to date on everything […]
U.S.-E.U. Trade Talks Show Promise Over Auto Tariffs Issue
Not everyone agrees with the use of tariffs to achieve changes in trade relations. However, a recent article in The New York Times article reports the threat of 25% import tariffs on the U.S.’s main automotive trading partners could prove to be spectacularly successful. Keep up to date on everything going on in the world […]
Week in Review: Freeport-McMoRan’s AI Play, LME Reforms and India’s RCEP Decision
Before we head into the weekend, let’s take a look back at the week that was and some of the metals coverage here on MetalMiner, including coverage of: Freeport-McMoRan’s use of artificial intelligence (AI), U.S. steel production, aluminum prices, U.S. automotive sales, construction spending and India’s decision to back away from the proposed RCEP trade […]
This Morning in Metals: Tariff Rollback Could Come if U.S., China Reach First-Phase Deal
This morning in metals news, tensions could ease between the U.S. and China on the tariff front, ArcelorMittal reported its third-quarter financial results and copper prices made gains this week. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. U.S., China Could Roll Back […]
Steel, Other Industries Breathe Sigh of Relief Over India’s Retreat from RCEP Trade Pact
For a while, whether or not India would join the Regional Comprehensive Economic Partnership (RCEP) was touch and go. But eventually, much to the relief of domestic steel companies and those from other sectors, the Narendra Modi-led Indian government decided to sit out the controversial RCEP trade pact, which features the 10 members of the […]
This Morning in Metals: Rio Tinto Hails ‘Significant Milestone’ at Oyu Tolgoi
This morning in metals news, miner Rio Tinto has advanced work on its Oyu Tolgoi copper and gold mine project, the U.S. is reportedly considering rolling back some tariffs against China, and Novelis announced its quarterly financial results. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s […]
This Morning in Metals: South Korea Will No Longer Seek Special Treatment for Developing Countries
This morning in metals news, South Korea will no longer seek to benefit from special treatment granted to developing countries vis-a-vis WTO rules, iron ore exports from Australia’s Port Hedland are surging and Rio Tinto has commissioned new press filter technology at its Quebec alumina refinery. Keep up to date on everything going on in […]
This Morning in Metals: USTR to Consider Extension of Tariff Exclusions on $34B of Chinese Goods
This morning in metals news, the United States Trade Representative will soon consider whether to extend tariff exclusions granted last year for imports of certain products from China, the GFG Alliance is aiming to consolidate its steel operations and make the new consolidated entity carbon-neutral by 2030, and LME copper prices continue to make gains […]