This morning in metals news, Norsk Hydro plans to restart its Alunorte alumina refinery, Shanghai steel rebar prices fell and Turkey plans to impose steel import quotas. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Aluminum Prices Back Down After surging last week on news of Norsk Hydro’s shutdown of […]
Category: Imports
NAFTA — Now USMCA — Agreed to at Last
You have to ask, after all the damage that America’s threats to rip up the North American Free Trade Agreement (NAFTA) has done to the relationship between the three member countries, whether the eventual outcome this week was worth it. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Naturally enough, […]
This Morning in Metals: Steel Imports Fall 1% in August
This morning in metals news, U.S. steel imports fell in August, the Federal Reserve raised interest rates again and Ford’s CEO says the Trump administration’s metals tariffs have cost the automaker $1 billion in profits. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Finished Steel Market Share Hits 21% […]
DOC Announces New Rebuttal System in Attempt to Improve Much-Criticized Section 232 Exclusion Process
The impact of the U.S.’s Section 232 steel and aluminum tariffs on its relationships with other countries has been well-documented — but what about Section 232 challenges at home? Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook For domestic businesses seeking to win product exclusions from the tariffs that went […]
This Morning in Metals: U.S. August Steel Imports Hit 2.7M Metric Tons
This morning in metals, the U.S. Census Bureau reported figures for August steel imports, Japanese aluminum consumers are looking to scrap and universities in the U.K. are conducting testing in the hopes of producing “greener” steel. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Imports 2.7M Metric Tons of […]
This Morning in Metals: India Mulls Increasing Duty on Steel Imports
This morning in metals news, India is considering upping its steel import duty, China’s spending on subways could assist its steel sector and an update in the Rusal sanctions saga. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Supporting the Rupee In order to give support to its currency, the […]
Trump Administration Hits $200 Billion in Chinese Imports with 10% Tariff
The Trump administration announced after markets closed Monday that it would go through with the imposition of a 10% tariff on $200 billion worth of Chinese goods. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The tariffs — stemming from the United States Trade Representative’s (USTR) Section 301 investigation of […]
This Morning in Metals: August Steel Import Market Share Hits 21%
This morning in metals news, the U.S.’s steel import market share was 21% last month, ArcelorMittal reached a provisional deal with the trade unions of Italy’s Ilva and the Bureau of Labor Statistics released U.S. employment data for August. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Steel Import Market […]
Week in Review: Consumption in China, Turkey Tariffs and Vedanta’s Big Plans
Before we head into the Labor Day weekend, let’s take a look back at the week that was and some of the storylines here on MetalMiner: Need buying strategies for steel? Try two free months of MetalMiner’s Outlook MetalMiner’s Stuart Burns took a look at Chinese domestic consumption and its impact on commodities. On Monday […]
DOC Issues Affirmative Preliminary Determination on Steel Wheels from China
The Department of Commerce handed down an affirmative preliminary determination in its countervailing duty investigation of steel wheel imports from China. In the preliminary determination, the Department of Commerce said the imports benefited from countervailable subsidies ranging from 58.75% to 172.51%. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Imports of […]
