President Donald Trump will not be the first commander-in-chief to find that waging wars on multiple fronts is a strategy with significant drawbacks. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Taking on America’s NAFTA partners, Canada and Mexico, at the same time as the European Union is encouraging multiple retaliatory […]
Category: Global Trade
This Morning in Metals: Lighthizer Criticizes ‘Hypocrisy’ of Global Trading System
This morning in metals news, U.S. Trade Representative Robert Lighthizer lashed out at the E.U.’s retaliatory tariffs, the Section 232 exclusion request process has allowed for some commercial gamesmanship and automakers warns against potential tariffs on imports of foreign cars. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Lighthizer Tut-Tuts E.U. […]
New European Commission Report Touts Removal of Trade Barriers
As even casual watchers of world affairs and international commerce might have caught on to by now, protectionism — or, at minimum, complaints of protectionism — has been on the rise. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The current of protectionism has blown in many directions, from the U.S. […]
DOC Makes Preliminary Affirmative Determination in Cast Iron Soil Pipe Probe
The U.S. Department of Commerce announced Tuesday that it had made a preliminary affirmative determination in its countervailing duty investigation of cast iron soil pipe imports from China. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The department calculated countervailing subsidies ranging from 13.11-111.20%. The 13.11% rate was applied to Yuncheng Jiangxian […]
American Institute for International Steel Files Legal Challenge of Section 232 Statute
Nations around the world have worked to formulate their responses to the U.S.’s Section 232 steel and aluminum tariffs of 25% and 10%, respectively, since they were instituted earlier this year. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Domestically, businesses have had the opportunity to file tariff exclusion requests with […]
This Morning in Metals News: Miners Call for Lifting of Philippines Ban
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 […]
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, […]