The U.S. imported a total of 3.48 million tons of finished steel in January, the American Iron and Steel Institute (AISI) reported this week (based on U.S. Census Bureau data). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The January import total marked a 20.7% increase from the January 2018 […]
Category: Imports
Trade Court Rejects Legal Challenge Aimed at Undoing President’s Section 232 Powers
The Trump administration scored a trade win in a ruling by the U.S. Court of International Trade (CIT) on Monday, as the three-judge panel rejected a challenge to the constitutionality of the Section 232 statute that yielded duties on imported steel and aluminum last year. Need buying strategies for steel? Request your two-month free trial […]
Indian Steelmakers Grapple with Sanctions-Diverted Iranian Steel
As if cheap steel imports from the Association of Southeast Asian Nations (ASEAN) was not enough of a problem to handle, India’s steelmakers are now fretting over heavily discounted steel imports coming in from Iran, a country that is under economic sanctions imposed by the United States. Need buying strategies for steel? Request your two-month […]
This Morning in Metals: Raiders’ Las Vegas Stadium Project Faces Steel Delivery Delays
This morning in metals news, an NFL franchise’s new stadium project in Las Vegas is facing delays in steel deliveries, Indonesia and China have taken anti-dumping action against each other’s steel products, and Ford earlier this week announced workers in southeast Michigan will make the automaker’s first autonomous vehicles in 2021. Need buying strategies for […]
This Morning in Metals: China Imports Less Copper in February
This morning in metals news, China’s copper imports fell in February, U.S. Steel won an award sponsored by the Department of Energy and General Motors rolled out its last Chevy Cruze this week. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Imports, Aluminum Exports Down in China China’s February […]
This Morning in Metals: U.S. Steel Imports Fell 11.5% in 2018
This morning in metals, U.S. imports of steel dropped 12% year over year last year, Chile’s copper and lithium export revenue fell in February and markets react to uncertainty over the ongoing U.S.-China trade talks. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Imports of Steel Drop 11.5% U.S. steel […]
Automotive MMI: Auto Sector Awaits Trump Decision on Section 232 Report
The Automotive Monthly Metals Index (MMI) picked up one point this month, rising for an MMI value of 93. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Auto Sales As noted in previous reports, General Motors last year announced a switch from monthly sales reports to quarterly reports. Fellow Big […]
Spend Matters: The Advantages of the Maker-to-User Model
Not long ago, we at MetalMiner published a white paper on the “maker-to-user” movement — that is, the rise in local sourcing here in the U.S. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The white paper, which makes reference to the agricultural “farm-to-table” movement, investigates some of the benefits […]
This Morning in Metals: U.S. Agriculture Secretary Makes Case for Steel Quotas on Canada, Mexico
This morning in metals news, U.S. Agriculture Secretary Sonny Perdue is looking to convince President Trump to use quotas instead of standard tariffs on Canada and Mexico, Chinese steel mills are holding off on iron ore restocking amid rising price, and an Italian aluminum plant will be coming back online soon. Need buying strategies for […]
DOC Launches AD, CVD Probes of Fabricated Structural Steel from Canada, Mexico, China
The U.S. Department of Commerce (DOC) announced this week that it had launched anti-dumping and countervailing duty investigations related to imports of fabricated structural steel from Canada, Mexico and China. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The investigation comes on the heels of a petition filed by the […]
