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 […]
Category: Global Trade
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 […]
Britain’s Brexit Boat Hits the Rocks
Well, that didn’t go very well, did it? Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook After a couple of weeks scurrying around European capitals and intense lobbying directly to E.U. leaders, Britain’s Prime Minster Theresa May received short shrift at an E.U. conference in Salzburg, Austria last week. May […]
India Takes Cautious Approach in a Time of Tariffs
By now, much has been written on U.S. trade tariffs, the latest being the 10% tariff on Chinese imports amounting to a value of $200 billion. While almost all the countries against whom the U.S. has imposed tariffs have chosen to retaliate and go in for a tit-for-tat policy, India, curiously, has decided to be […]
Week in Review: Catalytic Converters, ArcelorMittal’s Ilva Bid and $200B in Tariffs
Before we head into the weekend, let’s take a look back at the week that was with some of the stories here on MetalMiner: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook MetalMiner’s Stuart Burns wrote on a subject that is, unfortunately, relevant to owners of automobiles: a rise in […]
This Morning in Metals: USTR Questions Global Steel Forum’s Ability to Deliver Capacity Cuts
This morning in metals news, the Office of the United States Trade Representative (USTR) dished out criticism for a global steel forum and its efforts toward curbing excess steel capacity, Chinese steel rebar prices are up and Walmart warns tariffs could result in price increases. Need buying strategies for steel? Request your two-month free trial […]
When and Where is the Next Recession Coming From?
At a recent forum for business leaders, I was surprised the topic of conversation was not Brexit or Donald Trump’s latest tweet, or even cricket, but when the next recession would hit. That hasn’t been the case for many years now. Since 2009, we have experienced a more or less constant bull market, giving us […]
European Commission Proposes Changes to Modernize WTO
The World Trade Organization (WTO) came to be in January 1995, and has since served as a global body for mediation of trade disputes between nations. But much has changed since 1995. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Now, nearly a quarter of a century later, some are […]
This Morning in Metals: India Mulls Increasing Duty on Steel Imports
This morning in metals news, India is considering upping its steel import duty, China’s spending on subways could assist its steel sector and an update in the Rusal sanctions saga. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Supporting the Rupee In order to give support to its currency, the […]
This Morning in Metals: China Files WTO Complaint Over U.S.’s Latest Tariffs
This morning in metals news, China went to the World Trade Organization to file a complaint regarding the U.S.’s $200 billion worth of tariffs announced Monday, Nucor resumes operations in the Carolinas following Hurricane Florence and copper prices rally. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook China Goes to […]