This morning in metals news, the Office of the United States Trade Representative (USTR) releases the list of Chinese products that could be hit with tariffs (stemming from the Section 301 probe), China responds with a tariff announcement of its own and copper drops in line with escalating trade tensions. Need buying strategies for steel? Try […]
Category: Global Trade
This Morning in Metals: Copper Hits Over One-Week High
This morning in metals news, copper hits an over one-week high, President Trump is pushing for a preliminary deal on the North American Free Trade Agreement (NAFTA) by mid-April and gold could reach $1,400 if a trade war ensues. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Copper Surges Strong manufacturing […]
This Morning in Metals: China Responds With $3B in Tariffs on U.S. Goods
This morning in metals news, China responds to the U.S.’s Section 232 tariffs with $3 billion in tariffs on U.S. goods, several firms put in new bids for the distressed Essar Steel, and President Donald Trump and Japanese Prime Minister Shinzo Abe will meet this month to discuss trade. Need buying strategies for steel? Try […]
This Morning in Metals: Output, Profit Up for Chile’s Codelco in 2017
This morning in metals news, 2017 was a good year for Chilean miner Codelco, the city of Handan in China has called for a 25% reduction in steel mill production and the impact on Mexico of a terminated North American Free Trade Agreement (NAFTA). State Miner Says Profit, Output Rose Last Year Codelco announced that its […]
Week in Review: A Turbulent March, KORUS and Rising SHFE Stocks
Before we head into the weekend, let’s take a look back at the week that was and some of the stories here on MetalMiner: Need buying strategies for steel in 2018? MetalMiner’s Annual Outlook has what you need March has been a turbulent month in the world of commodities — MetalMiner’s Irene Martinez Canorea looked […]
This Morning in Metals: Japan’s Aluminum Industry Calls for End to U.S. Aluminum Tariff
This morning in metals news, Japan is calling for the U.S. to ditch its recently imposed Section 232 aluminum tariff, U.S. steel exports were up 13% last year and Texas Gov. Greg Abbott announced a $500 million investment from JSW Steel for its facility in Baytown, Texas. Need buying strategies for steel? Try two free […]
This Morning in Metals: India Asks for Exemption from U.S.’s Steel, Aluminum Tariffs
This morning in metals news, India wants to get a waiver from the U.S.’s Section 232 tariffs on steel and aluminum, uncertainty for craft beverage makers, and the U.S. Trade Representative said he is hopeful a new North American Free Trade Agreement (NAFTA) deal can be reached soon. Need buying strategies for steel? Try two […]
Africa Bucks the Trend with New Continentwide Free Trade Agreement
Just when the idea of free trade agreements (FTA) appears firmly out of vogue, 44 countries got together and signed a continentwide FTA agreement last week. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook All 55 members of the African Union (AU) were involved in the negotiations around the Continental Free […]
This Morning in Metals: Aluminum, Steel Go at it in Drive for EV Market Share
This morning in metals news, aluminum and steel compete in the electric vehicle (EV) market, copper stocks on the Shanghai Futures Exchange are surging and the list of Chinese products that could be subject to tariffs might include aerospace components. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Aluminum vs. Steel […]
Tariffs Are About More Than U.S. Jobs
President Trump’s announcement that he could impose 25% tariffs on $60 billion of Chinese imports is ostensibly about the massive and growing trade imbalance between the U.S. and China — but one senses that underneath is a deeper and even more significant power play going on. Need buying strategies for steel? Try two free months […]
