This morning in metals news, a senior Mexican official indicated the U.S. and Mexico could be nearing a solution leading toward removal of the U.S.’s Section 232 metals tariffs, British Steel is looking for financial assistance and President Donald Trump referred to the ongoing trade conflict with China as a “little squabble.” Need buying strategies […]
Category: Global Trade
Stock Markets Pay the Price for Trade War Threats
The press has been all over the trade war-induced falls across stock markets. The New York Times reported this week that the S&P 500 was off 2.4% on Monday, the worst day since early January. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In all, the S&P 500 is down […]
U.S., China on the Bumpy Road That is Negotiation
Is President Donald Trump’s latest round of tweets and the resulting global stock market selloff just a negotiating ploy or is it the first signs the much-vaunted trade deal may not be going quite as smoothly as markets had obviously been pricing in? Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]
This Morning in Metals: USTR Begins Process to Raise Tariffs on Remaining Imports from China
This morning in metals news, President Donald Trump has instructed the United States Trade Representative to begin the process of raising tariffs on the remaining approximately $300 billion in Chinese imports, Germany’s Thyssenkrupp is looking for new partners after the planned merger of its European operations with Tata Steel fell apart and China announced retaliatory […]
Week in Review: Climate Change, China Tariffs and Iran Sanctions
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 Stuart Burns delved into the role of climate change and the opportunity for innovation to meet environmental […]
This Morning in Metals: U.S. Tariff Increase on Chinese Goods Goes into Effect
This morning in metals news, the U.S. on Friday raised tariffs on a wide variety of imports from China, a long-considered European joint venture does not appear likely to come to fruition and March steel imports fell 7%. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Tariff Tensions As promised […]
This Morning in Metals: Trump Signs Executive Order Imposing Sanctions on Iran’s Metals Sector
This morning in metals news, President Donald Trump added sanctions on Iran targeting its metals industry, Rio Tinto is shipping more aluminum to Europe and ArcelorMittal reported its Q1 2019 financial results. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Trump Targets Iran’s Metals Sector A year on after withdrawing […]
This Morning in Metals: Trump Threatens to Impose Additional $325B in Tariffs on China
This morning in the metals news, President Donald Trump threatened to impose an additional $325 billion worth of tariffs on imports from China, SHFE steel futures are down on pessimistic news from this latest round of U.S.-China trade talks and doubts are growing about the Thyssenkrupp–Tata Steel joint venture proposal. Need buying strategies for steel? […]
Week in Review: Copper and Steel Production, Section 301, and NASA
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 The International Copper Study Group released January copper production figures. The World Steel Association reported global crude […]
This Morning in Metals: Aluminum Association Says Quotas are ‘Bad Deal’ for American Workers
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 […]