The Rare Earths Monthly Metals Index (MMI) fell one point for an August reading of 18. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Rare Earths and Trade Tensions Much has been said about the rise of trade tensions around the world, particularly between the U.S. and China. Those tensions began to manifest […]
Category: Global Trade
This Morning in Metals: 71% of Business Owners Support Additional China Tariffs, Poll Says
This morning in metals news, a recent poll indicates broad support within the U.S. business community for new tariffs on China, Novelis reported its quarterly earnings and Alcoa seeks an exemption from the Trump administration’s aluminum tariff. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Support for Tariffs Much has been said about […]
The Threat of a Trade War to the Global Economy
Many had hoped the announcement last month of 10% tariffs on China would be the signal for serious negotiations between the two trading partners, that China may come to the table and be willing to discuss some of the U.S.’s genuine concerns about theft of intellectual property and reciprocal access rights to each other’s markets. […]
This Morning in Metals: U.S. Steel Reports Q2 Earnings
This morning in metals news, U.S. Steel reported its Q2 earnings, Century Aluminum also posted its Q2 earnings and China is preparing $60 billion in retaliatory tariffs against the U.S. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook U.S. Steel Posts Strong Q2, But Stock Drops U.S. Steel reported better-than-expected Q2 […]
This Morning in Metals: USTR to Consider Tariff Rate Bump on $200B China Import List
This morning in metals, United States Trade Representative Robert Lighthizer released a statement regarding the news of a potential increase in the tariff rate on the previously proposed list of $200 billion worth in Chinese goods, China responds and Secretary of Commerce downplays the potential impact of the tariffs. Need buying strategies for steel? Try […]
What’s Next After Last Week’s Trade Agreement Between Trump, Juncker?
After an initial media lovefest over the announcement that America and the European Union had reached an agreement to “… work together toward zero tariffs, zero non-tariff barriers and zero subsidies on non-auto industrial goods” — reached during a surprisingly short meeting last week between President Donald Trump and Jean-Claude Juncker, the European Commission president, […]
This Morning in Metals: U.S. Could Increase Tariff Level on Proposed $200B List of Chinese Imports
This morning in metals news, media reports indicate President Donald Trump could up the ante regarding a previously announced $200 billion tariff proposal, ArcelorMittal announced strong second-quarter financial numbers and Mexican officials are optimistic about reaching a deal on a renegotiated North American Free Trade Agreement (NAFTA). Need buying strategies for steel? Try two free […]
This Morning in Metals: Chinese City Prepares Steel Output Cuts
This morning in metals news, a Chinese city in Jiangsu province plans to enforce steel and chemical output cuts, U.S. companies requesting exclusions from the Section 232 steel tariff are feeling the heat and countries around the world are meeting to discuss a potential response should the U.S. impose automotive tariffs. Need buying strategies for […]
This Morning in Metals: U.S. Imports of Steel Fall 15.5% From May to June
This morning in metals news, U.S. imports of steel dropped from May to June, Novelis is making a $2.6 billion acquisition, and President Donald Trump has agreed to work with the E.U. to remove trade barriers. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Steel Imports Drop U.S. imports of steel fell […]
U.S. Consultations Fizzle With India, Others Over Metals Tariffs
Ultimately, it went along expected lines. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook India and a handful of other nations held trade dispute settlement consultations with the United States over its steel and aluminum tariffs in Geneva, but got absolutely no concession from the latter, according to reports coming out […]
