This morning in metals news, the deadline for Section 232 tariffs exemptions for certain countries falls tonight at midnight, AK Steel’s stock is up and the LME copper price tracked up Monday. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Tariff Exemption Expiration Approaches Several countries negotiated temporary exemptions from the […]
Category: Global Trade
Week in Review: Price Movements, Indian Exports and Section 232 Exemptions
Before we head into the weekend, let’s take a look back at the week that was with some of this week’s stories here on MetalMiner: Need buying strategies for steel? Try two free months of MetalMiner’s Outlook What’s going on with steel prices? Have they neared a top? MetalMiner’s Irene Martinez Canorea offered her analysis […]
This Morning in Metals: Germany Prepares for U.S. Steel Tariff as Clock Ticks on Exemption
This morning in metals news, Germany is getting ready to face the 25% U.S. steel tariff when the current temporary exemption for the E.U. expires early next week, Canada’s foreign minister says NAFTA negotiators have made progress on automotive rules and the E.U. is keeping a close eye on aluminum imports in the post-Section 232 […]
Aluminum Association Calls for Quota-Free Exemptions for ‘Responsible’ Trading Partners
The Aluminum Association sent a letter to President Donald Trump on Tuesday calling for quota-free tariff exemptions for all “responsible trading partners countries,” while also calling for specifically addressing Chinese overcapacity. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook “As you continue to evaluate and implement the Section 232 remedy, I urge you […]
EUROFER Says E.U. Steel Safeguard Measures Must Prevent Surge of Imports
The E.U.’s steel safeguard mechanism should work to prevent a “surge of imports” but should not “close the market,” European Steel Association (EUROFER) Director General Axel Eggert said Monday. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook “The safeguard mechanism should be broad, but the purpose is not to close the […]
This Morning in Metals: Chinese Steel Futures Up on Dropping Inventories
This morning in metals news, Chinese steel futures have hit a 1.5-month peak, Mexico is optimistic about reaching a deal on the North American Free Trade Agreement (NAFTA) and miner Freeport-McMoran posted a down quarter. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Chinese Steel Futures Rise Chinese steel futures are […]
India Increasingly Looks Eastward in Its Exports
A new report in HSBC’s Navigator series focuses on the long-term ascendancy of the Asian region as it explores both anticipated and actual trends in India’s trade patterns with its nearby neighbors. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook India enjoys a balance of trade surplus in services but a […]
This Morning in Metals: European Leaders to Address Steel Tariffs in Meetings with Trump
This morning in metals news, European leaders plan to press President Trump on steel this week, the aluminum price could be heading back down after the U.S. opened the door to easing the recently announced Russian sanctions and Glencore is looking into options with respect to recapitalization of one of its DRC copper operations. Need buying strategies […]
Indian Officials Meet With Assistant USTR to Talk Trade
India found itself on the back foot in the first meeting of trade representatives from India and the United States in the Indian capital, New Delhi, last week. It was held to discuss the latest U.S. trade tariffs on steel and other metal imports. Need buying strategies for steel? Try two free months of MetalMiner’s […]
Aluminum Associations Around the World Want G20 Forum on Overcapacity
Several aluminum associations around the world penned a joint letter in which they urged G20 leaders to hold a forum on global aluminum overcapacity. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook “In light of the conclusions reached last July at the G20 Summit in Hamburg, Germany, and the publication of the Global […]
