This morning in metals news, the U.S. and South Korea reach a revised trade agreement, the E.U. started a study on possible steel import limits and copper slides to a 3 1/2-month low. U.S. Gives South Korea Steel Tariff Exemption The U.S. and South Korea reached an agreement on steel tariffs, with the U.S. exempting […]
Category: Global Trade
Week in Review: Section 232 Tariffs, Exemptions and a Big Thursday for the Trade World
Before we head into the weekend, let’s take a look a look back at the week that was and some of the stories here on MetalMiner: Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook Stuart Burns delves into falling Chinese iron ore prices — it’s not just about port stocks. The U.S. International […]
This Morning in Metals: E.U. Wants Permanent Exemptions From Section 232 Tariffs
This morning in metals news, the E.U. is looking to make its exemption from the U.S.’s Section 232 steel and aluminum tariffs permanent, reports indicate Tata Steel’s bid for Bhushan Steel could be as much as $5.3 billion, and China announced plans to impose tariffs on a number of U.S. goods in response to President […]
Trump Grants Temporary Exemptions From Steel, Aluminum Tariffs for E.U., 4 Others
Amid President Trump’s announcement Thursday morning regarding the ongoing Section 301 investigation vis-a-vis Chinese trade practices, United States Trade Representative (USTR) Robert Lighthizer told the Senate Finance Committee that the European Union and several other trading partners would be granted temporary exemptions from the administration’s Section 232 steel and aluminum tariffs. Need buying strategies for […]
Trump Signs Memo Paving the Way for Possible $60B in Tariffs on Chinese Imports
President Trump lobbed another salvo in the administration’s trade strategy, moving to sign an order that paves the way for tariffs on China potentially amounting to as much as $60 billion, he said Thursday, covering approximately 1,300 products, according to administration officials cited in media reports (the list has yet to be released). Need buying […]
This Morning in Metals: DOC Issues Final Affirmative Determination in Steel Wire Rod Case
This morning in metals news, the U.S. Department of Commerce issues a final affirmative determination in its anti-dumping and countervailing subsidy investigation of carbon and alloy steel wire rod from five countries, LME copper pushes away from a three-month low and the E.U. is hopeful it can win at least temporary exemptions from the U.S. […]
Department of Commerce Releases Section 232 Exclusion Process Details
The Department of Commerce released both the process and requirements for the submission of exclusions for the steel and aluminum Section 232 proclamations made public on March 8, 2018. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook As published in the Federal Register, the Secretary of Commerce has the authority to […]
U.S. in Talks with Countries Regarding Potential Tariffs Exemptions
U.S. Trade Representative (USTR) Robert Lighthizer, speaking before the House Ways and Means Committee Wednesday morning, addressed a wide range of issues regarding the Trump administration’s trade policy agenda, including steel and aluminum tariffs exemption negotiations with a number of countries. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook In the […]
This Morning in Metals: Tariffs Exemption Talks Continue
This morning in metals news, the U.S. is in talks with several nations regarding possible exemptions from its steel and aluminum tariffs, Shanghai copper hits a six-month low Wednesday and the U.S. drops a bargaining point in the ongoing North American Free Trade Agreement (NAFTA) renegotiation talks. Need buying strategies for steel? Try two free […]
U.S. Trade Associations Urge President Not to Impose Tariffs on China
In a letter from 45 U.S. trade associations sent to President Trump Sunday, the associations urged the president to avoid imposing tariffs on China because they would negatively impact the U.S. economy and consumers, according to a Reuters report. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook According to a Bloomberg […]
