This morning in metals news, miners in the Philippines are calling for an end to the country’s ban on new large-scale projects, President Donald Trump tweeted his administration is finishing a study regarding potential tariffs on imported cars, and Russia’s prime minister called for retaliation against the U.S.’s steel and aluminum tariffs. Need buying strategies […]
Category: Global Trade
This Morning in Metals: E.U. Could Have Steel-Curbing Measures by Mid-July
This morning in metals news, it might not be long before the European Union imposes new measures to curb steel import levels, the zinc price continues its slide and Chinese President Xi Jinping warns that China is not afraid of fighting back on trade. Need buying strategies for steel? Try two free months of MetalMiner’s […]
This Morning in Metals: Sanjeev Gupta Reopens Steelworks in South Carolina
This morning in metals news, Sanjeev Gupta reopened his GFG Industrial Group’s steelworks in South Carolina in an effort to beat the U.S. steel tariff, the steel tariff could lead to the loss of jobs at a Missouri nail production plant and Harley-Davidson feels the sting of the E.U.’s counter-tariffs. Need buying strategies for steel? […]
Week in Review: Norway’s WTO Dispute, the Copper Market and Trade Tensions
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? Try two free months of MetalMiner’s Outlook Rio Tinto and Minmetals entered into a joint venture for mineral exploration in China. Norway initiated a World […]
Commerce Secretary Ross Testifies on Trade Actions Before Senate Finance Committee
Rising trade tensions are all the talk these days, stemming from an increasingly complicated web of tariffs, counter-tariffs and World Trade Organization (WTO) disputes, not to mention the ongoing talks surrounding renegotiation of the 24-year-old North American Free Trade Agreement (NAFTA). Need buying strategies for steel? Try two free months of MetalMiner’s Outlook On Wednesday, […]
This Morning in Metals: JSW Steel USA Announces 1,000 New Jobs
This morning in metals news, JSW Steel USA announces it will add 1,000 jobs, India announces retaliatory tariffs in response to the U.S. steel tariff and aluminum tariffs, and the copper price fell for a second straight week. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook JSW Announces New Jobs JSW […]
Is This a U.S.-China Trade War or Just a Chaotic Negotiation?
It may seem like we are on the brink of a trade war Armageddon. Certainly, stock markets have reacted negatively to the threat of a trade war between the world’s two largest economies, the U.S. and China. But the reality is we are in the midst of a crude, clumsy and haphazard negotiating process — […]
E.U. Responds to U.S. Tariffs With Duties on Products Worth €2.8B
The European Union announced Wednesday that it will impose duties on a list of U.S. products, worth approximately €2.8 billion, in response to the U.S.’s steel and aluminum tariffs. The 25% duty will go into effect Friday, June 22. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The U.S.’s 25% duty on […]
This Morning in Metals News: E.U. to Impose Tariffs on U.S. Goods
This morning in metals news, the European Union plans to import retaliatory tariffs against the U.S. this week, Canada is considering aid to auto companies in light of proposed U.S. auto tariffs and President Trump’s trade adviser defends the administration’s tariff strategy. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook E.U. […]
Canadian Chambers of Commerce Express Support for Government Response to U.S. Trade Actions
In a letter dated June 18 to Canadian Prime Minister Justin Trudeau, Canadian Chamber of Commerce CEO and President Perrin Beatty — along with nine heads of provincial Chambers of Commerce — wrote to express “support for the government’s efforts to defend Canadian interests in the face of unprecedented trade actions by the United States […]