This morning in metals news, Tokyo Steel plans to raise plate prices, Rio Tinto says new aluminum capacity is needed outside of China and copper prices tick upward. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Plate Prices Rise Tokyo Steel plans to raise heavy plate prices by 2.5% in […]
Category: Global Trade
Industry Groups Testify at USITC Hearing on Potential Impacts of USMCA
Industry groups testified before the U.S. International Trade Commission (USITC) late last week on the United States-Mexico-Canada Agreement (USMCA) and its potential impact on the U.S. economy and industry sectors. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook The Aluminum Association was one of the groups to comment, particularly focusing on the Section […]
Metal Manufacturers Group Weighs in on Tariff Exclusion Process
Yesterday, we noted a recent Aluminum Association letter, in which the industry group claimed the Department of Commerce’s Section 232 tariff exclusion request undermined the domestic aluminum industry. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook On Tuesday, the Coalition of American Metal Manufacturers and Users (CAMMU) also weighed in […]
This Morning in Metals: Nickel Falls to 11-Month Low
This morning in metals news, the nickel price has plunged to its lowest level in 11 months, Canadian Prime Minister Justin Trudeau spoke with President Donald Trump over the weekend regarding the U.S.’s steel and aluminum tariffs, and two train derailments appear to have had little impact on Australia’s iron ore sector. Need buying strategies […]
This Morning in Metals: Copper Falls to One-Week Low
This morning in metals news, the copper price has slipped to a one-week low, builders in British Columbia are asking the Canadian government to loosen limits on steel imports and U.S. tariffs contributed to a Pittsburgh steelmaker’s down third quarter. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME Copper […]
This Morning in Metals: North American Aluminum Associations Petition for Tariff Exemptions
This morning in metals news, North American aluminum associations wrote a joint letter asking for quota-free tariff exemptions for Canadian and Mexican aluminum, European automakers plan to try out new LME steel contracts launching next year, and the LME copper price has dropped ahead of the U.S. midterm elections. Need buying strategies for steel? Request […]
Week in Review: Global Steel Production, M&A Activity and the Dollar’s Strength
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 Global crude steel production jumped 4.4% year over year in September. A recent PwC report overviews M&A […]
Chinese Ambassador Appeals to ‘Better Angels’ in Ongoing U.S.-China Trade Row
As the prospect of an additional $257 billion in tariffs on Chinese goods looms, China’s ambassador to the U.S. said the countries should look to their “better angels” to guide them toward a resolution of their trade dispute, the state-run Xinhua News Agency reported. Need buying strategies for steel? Request your two-month free trial of […]
This Morning in Metals: U.S. Could Add $257B in Tariffs on China if Talks Fail
This morning in metals news, another major tariff hammer could be set to fall on Chinese goods coming into the U.S., iron ore prices continue to rise and copper falls. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook More Tariffs on the Way? The U.S. has already imposed tariffs worth […]
This Morning in Metals: Trump Reviews Metals Tariffs on Canada, Mexico
This morning in metals news, President Trump is reviewing the U.S.’s steel and aluminum tariffs with respect to their application to Canada and Mexico, copper prices are up and the World Trade Organization (WTO) has set up a panel for a dispute between Japan and South Korea. Need buying strategies for steel? Request your two-month […]
