Inflation is currently a hot topic on Wall Street and in Washington. For many, it’s a much more immediate issue than other major issues, like the impact of climate change. A recent Financial Times post in the paper’s Trade Secrets newsletter posed a somewhat controversial but not inappropriate question: could removing tariffs be the answer […]
Category: Imports
This Morning in Metals: President Biden signs infrastructure bill
This morning in metals news: U.S. President Joe Biden signed the over $1 trillion infrastructure bill into law Monday; meanwhile, import prices rose by 1.2% in October, the Bureau of Labor Statistics reported today; and, lastly, manufacturers’ and trade inventories increased in September. MetalMiner has launched a full suite of precious metals as part of […]
This Morning in Metals: US steel capacity utilization dips to 84.3%
This morning in metals news: U.S. steel capacity utilization dipped to 84.3% last week; the OECD reported global foreign direct investment (FDI) flows rebounded during the first half of 2021; and, lastly, the United States International Trade Commission conducted a five-year sunset review of duties on alloy magnesium from China. Get social with us. Follow […]
This Morning in Metals: US, EU reach deal on Section 232 steel, aluminum tariffs
This morning in metals news: the U.S. and E.U. have struck a deal that will see to the former resuming imports of duty-free steel and aluminum from the E.U.; battery storage applications have shifted, the Energy Information Administration explained; and, lastly, compensation costs increased during Q3 2021. Want an occasional email from MetalMiner that highlights […]
This Morning in Metals: Novelis announces $375M expansion of automotive sheet operations in China
This morning in metals news: Novelis announced it will invest $375 million to expand its automotive sheet production and recycling operations in China; Glencore released its Q3 production report; and, lastly, U.S. steel imports jumped by 16% month over month in September. Are you under pressure to generate aluminum cost savings? Make sure you are […]
Week in Review: Global steel demand; aluminum alloys; store-of-value assets
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: Stay up to date on MetalMiner with weekly updates – without the sales pitch. Sign up now. Week of Oct. 18-22 (steel demand, aluminum alloys and more) Stuart Burns checked […]
This Morning in Metals: USITC rules aluminum foil imports from 5 countries harmful to US industry
This morning in metals news: the United States International Trade Commission this week issued a ruling on imports of aluminum foil from five countries; Ford of Europe reported a decline in sales and European market share; and, lastly, job openings rates declined in 21 states in August, the Bureau of Labor Statistics reported. Each month, […]
This Morning in Metals: Steel demand to rise 4.5%, World Steel Association forecasts
This morning in metals news: the World Steel Association forecast steel demand to rise by 4.5% this year; U.S. import prices increased in September; and, lastly, the Energy Information Administration forecasts U.S. coal-fired electricity generation will increase this year for the first time since 2014. Are you under pressure to generate steel cost savings? Make […]
What’s next for US Section 232 tariffs on EU steel, aluminum?
Talk of trade meetings are usually met with a yawn and click to the next news item. However, last week’s meeting between the E.U. and the U.S. in Pittsburgh may be one event worth following. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for each […]
This Morning in Metals: Nucor launches line of net-zero carbon steel products
This morning in metals news: Nucor Corporation announced the launch of a line of net-zero carbon steel products; meanwhile, the American Iron and Steel Institute released September import permit application data; and, finally, average U.S. home mortgage rates continue to hover around 3%. Are you under pressure to generate steel cost savings? Make sure you […]