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 on the gloomy start to the new year. The Indian government is optimistic about foreign […]
Category: Global Trade
China Reports Slowing Growth, but by How Much?
The New York Times reports this week that China’s economy continues to gently slow its pace of growth. For the last three months of 2018, growth came in at 6.4% compared with a year earlier, the paper said, its slowest pace since a decade ago. For the full year, the Chinese economy grew at 6.6% […]
This Morning in Metals: 2019 Could be a Record Year for Antofagasta
This morning in metals news, Chilean miner Antofagasta expects a bumper 2019, the reason why Elon Musk is using stainless steel to build a new SpaceX rocket and China is finding ways to avoid duties to get its stainless steel into India. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Antofagasta […]
EUROFER Director General: Steel Safeguard Measures ‘Welcome’ but Could ‘Undermine’ Intended Function
Last week, E.U. member states voted to go ahead with new quotas on steel imports extending until July 2021. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Last July, the E.U. voted to impose provisional steel safeguards, which were allowed to remain in place for a maximum of 200 days […]
A Shaky Start to the New Year
It is not just the stock market that is having a wobble — firms are asking if now is the right time to be investing in new capacity or raising production. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook 2018 was a stellar year for the U.S. jobs market, but […]
Week in Review: E.U. Steel Quotas, an Automotive Alliance and Brexit Drama
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 Earlier this month, President Donald Trump and Prime Minister Narendra Modi chatted about U.S.-India trade relations. Stuart […]
Brexit’s Comedy of Errors Continues as Parliament Rejects May’s Deal
For those on the other side of the pond, the debacle that is Brexit must feel rather like a distant joke, particularly the defeat this week of Prime Minister Theresa May’s Brexit plan by not just Parliament, but a large number of her own party. Need buying strategies for steel in 2019? MetalMiner’s Annual Outlook […]
Senate Resolution to Block Easing of Russia Sanctions Falls Short
A resolution that sought to reverse the Trump administration’s decision to ease sanctions on Russian companies — including aluminum heavyweight United Company Rusal — failed to pass this week, coming in at a 57-42 vote (just short of the 60 votes needed to pass). Need buying strategies for steel? Request your two-month free trial of […]
This Morning in Metals: China’s December Exports to the U.S. Fall
This morning in metals news, exports from China to the U.S. took a dive in December, India will drive global steel demand in the coming years and Serbia has requested an exemption from the E.U.’s imminent quotas on steel imports. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook December Exports […]
Europe Embraces Tariff Barriers in Response to Rising Imports
They call it the law of unintended consequences and, broadly speaking, it was intended by the American sociologist Robert K. Merton to mean unintended consequences are outcomes that are not the ones foreseen and intended by a purposeful action — particularly actions of a government. Need buying strategies for steel? Request your two-month free trial […]