This morning in metals, the London Metal Exchange announced a new partnership that aims to promote “market uptake of a transparent and representative global lithium price,” President Donald Trump backs off imposing a 5% tariff on all imports from Mexico and China’s May copper imports dropped. Need buying strategies for steel? Request your two-month free […]
Category: Imports
This Morning in Metals: Copper Price Slide Continues
This morning in metals news, the LME copper price continued its tumble this week, U.S. imports from countries like Vietnam have increased and the June 10 Mexico tariff deadline draws near. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Down for Eighth Straight Week The copper price is set […]
This Morning in Metals: Steel Import Permit Applications Down 10.8% in May
This morning in metals news, U.S. steel import permit applications dropped last month, the Trump administration’s Section 232 aluminum tariff left its mark on operations at the Port of Oswego and the Trump administration released a new strategy that aims to ensure a reliable supply of critical minerals. Need buying strategies for steel? Request your […]
This Morning in Metals: Trump Threatens Mexico with Tariffs as USMCA Push Continues
This morning in metals, President Donald Trump threatened to impose tariffs on all imports from Mexico, Shanghai steel prices are down and copper prices are en route to their biggest monthly fall since 2015. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Trump Threatens More Tariffs on Mexican Goods The […]
This Morning in Metals: Iron Ore Price’s Rise Slows
This morning in metals news, the iron ore price slipped Thursday, the Indian steel import market is dominated by Japan and South Korea, and trade tensions between the U.S. and China continue to gain. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Iron Ore Slows Down Supported by supply-side concerns, […]
April Global Steel Production Rises 6.4% Year Over Year
Global crude steel production continues to rise, in April increasing 6.4% on a year-over-year basis, according to the World Steel Association. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook According to the World Steel Association’s monthly global crude steel production report, the 64 countries reporting to the association produced a […]
Week in Review: A Weakening Yuan, British Steel’s Struggles and a ‘Perfect Storm’
Before we head into the Memorial Day weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Stuart Burns delved into the situation at British Steel early in the week (prior to […]
This Morning in Metals: U.S. Steel Imports Down 7.8% Through April
This morning in metals, U.S. imports of foreign steel have dropped 7.8% through the first four months of the year, the Department of Commerce announced changes to its countervailing duty process and the copper price is on its way to its sixth consecutive weekly drop. Need buying strategies for steel? Request your two-month free trial […]
This Morning in Metals: High Court Orders Liquidation of British Steel
This morning in metals news, British Steel failed to secure emergency funding it had requested to stave off its collapse, tariffs have depressed steel import volumes into the Port of Tampa Bay and iron ore prices continue to rise. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook British Steel Falls […]
EUROFER: Imports, Slower Growth, Raw Material Costs Form ‘Perfect Storm’
It’s been a busy and somewhat bumpy year for Europe’s steel sector. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The E.U. approved steel safeguards in January that would extend to 2021 at the latest, an effort by the bloc to mitigate the impact of steel supplies diverted as a […]
