Before we head into the weekend, let’s take a look back at the week that was and some of the metals-related storylines here on MetalMiner: MetalMiner’s Stuart Burns took a look at Rusal and the impact U.S. sanctions have had on the Russian aluminum giant since April. In case you missed it, our August Monthly […]
Category: Global Trade
This Morning in Metals: U.S. Steel Announces $750M Investment in Gary Plant
This morning in metals, U.S. Steel announced a large investment at its flagship steel plant, the U.S. and China will resume talks on trade, and copper is set to finish the week with its biggest weekly loss since early July. U.S. Steel Announces $750M Investment U.S. Steel announced it plans to invest $750 million in […]
This Morning in Metals: Tariffs Saving the U.S. Steel Industry? Trump Says Yes
This morning in metals news, President Trump claimed his tariffs are saving the U.S. steel industry, steel supplies from Japan and South Korea to India have increased, and Turkey hits back with new tariffs in response to the U.S.’s doubling of the steel and aluminum tariffs. Lower your aluminum spend – Take a free trial […]
This Morning in Metals: Escondida Union to Take New Proposal to Workers
This morning in metals news, the workers at the Escondida mine in Chile will consider a new proposal as the threat of a strike looms at the world’s largest copper mine, Canada is considering safeguard mechanisms to combat U.S. tariffs and copper continues to struggle. Need buying strategies for steel? Try two free months of […]
Tariffs Lift Prices But Capacity Utilization Remains an Issue
Even if U.S. steelmakers have been slow to add capacity following President Trump’s tariff protection, it would seem foreign steel makers are willing to commit to domestic U.S. production. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The Financial Times this week reported on the announcement by BlueScope Steel, Australia’s biggest […]
Turkish Currency on the Slide, Economy Set to Follow
Import tariffs appear to have become the weapon of choice for this U.S. administration. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Some administrations use military power, but Trump prefers economic pressure to achieve his ends. His latest skirmish is with Turkey — not that many in the U.S. would notice […]
This Morning in Metals: Tariff Tensions Put WTO Between Rock and a Hard Place
This morning in metals news, the crossfire of tariffs and counter-tariffs between the U.S. and trading partners around the world has put the World Trade Organization in a difficult spot, President Donald Trump backed a boycott of Harley-Davidson on Sunday and LME copper drops amid the recent uptick in tensions between the U.S. and Turkey. […]
Week in Review: MMI Week, Trade War Impacts and India Postpones Retaliatory Tariffs
Before we head into the weekend, let’s take a look back at the week that was and some of the metals stories here on MetalMiner®: Need buying strategies for steel? Try two free months of MetalMiner’s Outlook MMI Week continued, this week with posts on: Automotive Raw Steels Copper Rare Earths Renewables Stainless Steel Aluminum […]
Indian Government Postpones Retaliatory Duties Against U.S. by 45 Days
India’s trade tiff with the United States has all the hallmarks of a potential political battle — for India, at least. With general elections not too far away, it looks like Narendra Modi’s government does not want to really stir the pot, lest there is some fallout in the domestic political scene. Need buying strategies […]
This Morning in Metals: China Responds to U.S. with $16B in Tariffs
This morning in metals news, China responds to the U.S.’s $16 billion in tariffs with the same amount in return, China’s additional announced $60 billion tariff threat could have a significant impact on the liquefied natural gas sector and copper traded flat yesterday. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook […]
