This morning in metals news, the Aluminum Association released a report panning aluminum import quotas, Republican senators urged President Donald Trump not to impose tariffs on imported automobiles and U.S. automotive sector layoffs in 2019 have surged. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Aluminum Association Comes in Against […]
Category: Global Trade
Podcast Ep. 6: How One of the Largest U.S. Truck Manufacturers Mitigates Tariff Risk — and Plans for 2020
In the aftermath of the Section 232 tariffs on steel and aluminum going into effect in March 2018, we heard and read a lot about some of the largest American OEMs and their business challenges. For example, Ford Motor Company’s claim that the tariffs cost the automaker $1 billion in profits last year. But what’s […]
USTR Special Section 301 Report Identifies 36 Countries for IP Infringement Watch Lists
The Office of the United States Trade Representative (USTR) released its annual Section 301 report late last week, covering intellectual property protection by U.S. trading partners and its so-called Notorious Markets List. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The Trump administration utilized Section 301 of the Trade Act […]
This Morning in Metals: Mexico Reforms Labor Code in Push Toward USMCA Approval
This morning in metals news, Mexico’s Senate approved changes to the country’s labor laws, Chinese iron ore futures notched their fifth consecutive monthly gain and U.S. steelmaker AK Steel reported its first-quarter earnings. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Mexico Passes New Labor Laws As NAFTA partners Canada, Mexico […]
This Morning in Metals: China’s Iron and Steel Association Warns Against Excess Capacity
This morning in metals news, the China Iron and Steel Association issued a statement on the negative impact of excess steel capacity, the U.S. dollar reached a nearly two-year high and U.S. Treasury Secretary Steven Mnuchin said U.S.-China trade talks are in their “final laps.” Need buying strategies for steel? Request your two-month free trial […]
Indian Government Eyes Trade Action on Imported Stainless Steel
Already labeled a protectionist regime, the Indian government recently issued notice to the World Trade Organization (WTO) of its intent to bring more stainless steel items under quality control, The Hindu Business Line reported. The move has Indian importers of stainless steel worried. Need buying strategies for steel in 2019? MetalMiner’s Annual Outlook has what […]
This Morning in Metals: Japan’s Steel Production Falls 1.9% in FY 2018
This morning in metals news, Japan saw its steel production fall over fiscal year 2018, the general counsel for the United States Trade Representative is leaving the administration and U.S. housing starts in March were down 14.2% year over year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Japanese Steel […]
Week in Review: Iron Ore, Global Growth Forecasts and U.S. Raw Steel Production
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 Could the iron ore price continue to rise even further? The April Monthly Metals Index (MMI) report […]
This Morning in Metals: Per ITC Analysis, USMCA Would Raise U.S. GDP by 0.35%
This morning in metals news, an analysis by the U.S. International Trade Commission digs into the details of the pending United States-Mexico-Canada Agreement (USMCA), the Congressional Research Service released a report covering economic growth levels around the world and the chairman of Chile’s Antofagasta says the green revolution will be good for copper. Need buying […]
This Morning in Metals: U.S. Steel Import Market Share in February Hits 20%
This morning in metals news, U.S. imports of steel dropped in February after an import-heavy January, Alcoa released its first-quarter financial results and flat-rolled aluminum producer Novelis is looking to secure exemptions on its pending requests related to tariffs covering Canadian aluminum. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
