This morning in metals news: President Donald Trump on Thursday signed a proclamation to reimpose tariffs on some Canadian aluminum; China’s copper imports surged in July; and the Bureau of Labor Statistics released its latest jobs report Friday morning.
Category: Imports
This Morning in Metals: E.U. extends anti-dumping duties on Chinese stainless
This morning in metals news: the European Commission on Wednesday extend anti-dumping duties on stainless steel from China; miner Glencore released its half-year report; and Brazil is trying to meet China’s surging iron ore demand. For more news and notes from the world of metals, make sure to subscribe to the free MetalMiner e-newsletter, Gunpowder.
This Morning in Metals: ArcelorMittal to lay off nearly 900 at East Chicago plant
This morning in metals news: ArcelorMittal cited market deterioration in its decision to lay off nearly 900 workers at its plant in East Chicago; Rio Tinto is investing an additional $200 million in its lithium-borate project in Serbia; and the U.S. Department of Commerce has launched antidumping and countervailing subsidy probes related to metal lockers […]
USITC maintains existing duties on carbon, alloy steel wire rod products
The United States International Trade Commission recently ruled in a five-year sunset review of duties on carbon and alloy wire rod imports from several countries.
Steel capacity utilization continues recent gains, moves to 58.9%
The U.S. steel sector has slowly but surely been showing some signs of recovery.
This Morning in Metals: June steel imports drop to 1.3M metric tons
This morning in metals news: U.S. steel imports fell in June; Freeport-McMoRan reported its Q2 and first-half results; and Norsk Hydro’s underlying EBIT for the second quarter gained compared with Q2 2019.
This Morning in Metals: U.S. Steel to restart Gary Works blast furnace
This morning in metals news: U.S. Steel plans to restart another blast furnace at its Gary Works; imports of blooms, billets and slabs from Japan have seen a significant jump this year; and silver prices have surged to a seven-year high.
This Morning in Metals: CIT rules on U.S. doubling of Section 232 steel tariffs on imports from Turkey
This morning in metals news: the U.S. Court of International Trade ruled the U.S.’s doubling of Section 232 steel tariffs for imports from Turkey in 2018 violated the Fifth Amendment’s Equal Protection guarantees; Western Copper and Gold announced an increase in its mineral reserves; and Alcoa released its second-quarter earnings results.
Even a pandemic can’t slow the deterioration of U.S.-E.U. trade relations
While small beer compared to the U.S.’s trade war with China, the growing dispute between Washington and Brussels over subsidies by aircraft makers is likely to develop into an escalating series of tit-for-tat measures this year.
Week in Review: Industrial production rises; Liberty Steel invests in the future; MW aluminum premium spikes
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: