This morning in metals news, the final two bidders for India’s Essar Steel have been chosen, businesses are grappling with the reality of no tariff exclusions vis-a-vis the most recent round of tariffs on China and trade ministers met in Ottawa to talk about strengthening the World Trade Organization (WTO). Need buying strategies for steel? […]
Category: Global Trade
India Grapples with Repercussions of U.S. Metals Tariffs
The ripples continue to spread across the pond of international trade from President Trump’s steel and aluminum tariffs. In a recent post from India reported in Aluminium Insider, an analysis of the scrap, primary and downstream semi-finished metals trades into and out of India reveal how economies on the other side of the globe are grappling […]
This Morning in Metals: U.S. Steel Sector Gets a Downgrade from Credit Suisse
This morning in metals news, Credit Suisse has downgraded the outlook for the U.S. steel sector, a Turkish steel company CEO is optimistic the U.S. will roll back the recently doubled Section 232 metals tariffs and Brazilian miner Vale posted record Q3 iron ore output. Need buying strategies for steel? Request your two-month free trial […]
Week in Review: Mining in Goa, Alunorte’s Stop and Start, and MMI Week
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 Many are hoping for a return to a heavy mining presence in the Indian state of Goa. […]
We Could Be in the Early Stages of a New Cold War
A new Cold War — does that sound ridiculous? Does it sound alarmist? Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook It would have been a month or more back, but today it is a plausible statement. A post by Edward Luce in the Financial Times refers to a Bloomberg […]
This Morning in Metals: U.S., Canada Reach NAFTA Deal
This morning in metals news, the U.S. and Canada have reached a deal on the North American Free Trade Agreement (NAFTA) after several weeks of talks, Secretary of Commerce Wilbur Ross said the steel and aluminum tariffs on Canada and Mexico will remain in place, and copper prices are down on account of perceived drops […]
Week in Review: Tariffs, Brexit and Excess Steel Capacity
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 Sohrab Darabshaw weighs in on India’s approach to U.S. tariffs. What’s the latest with Brexit? Stuart Burns […]
Chinese White Paper Accuses U.S. of ‘Unilateralism, Protectionism and Economic Hegemony’
Trade friction between the U.S. and China have continued apace, with the U.S. imposing an additional round of tariffs worth $200 billion and China responding with $60 billion in tariffs on U.S. goods. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Despite attempts at dialogue, tensions have only increased throughout […]
Excess Capacity Front and Center at Paris Global Steel Forum
Overcapacity was the word of the day at the Global Forum on Steel Excess Capacity last week. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The forum, which took place Sept. 20 in Paris, brought together the world’s biggest steel-producing nations. “The global challenge of overcapacity has strained trade relations […]
This Morning in Metals: Copper Near 10-Week High Despite Trade Tensions
This morning in metals news, copper prices approached a 10-week high, trade tensions continue to rise between the U.S. and China, and an Australian coal miner boasts a $4.4 billion IPO. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Prices Hover Near 10-Week High Even with trade tensions weighing […]
