This morning in metals news, Sanjeev Gupta reopened his GFG Industrial Group’s steelworks in South Carolina in an effort to beat the U.S. steel tariff, the steel tariff could lead to the loss of jobs at a Missouri nail production plant and Harley-Davidson feels the sting of the E.U.’s counter-tariffs. Need buying strategies for steel? […]
Category: Imports
Aluminum Tariffs Results Are a Mixed Bag for U.S. So Far
If the aim of President Trump’s 10% import tariff on aluminum was to impact China or to encourage the reshoring of primary aluminum production into the U.S., it has, at least so far, been at best only a partial success. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Just last month, […]
Commerce Secretary Ross Testifies on Trade Actions Before Senate Finance Committee
Rising trade tensions are all the talk these days, stemming from an increasingly complicated web of tariffs, counter-tariffs and World Trade Organization (WTO) disputes, not to mention the ongoing talks surrounding renegotiation of the 24-year-old North American Free Trade Agreement (NAFTA). Need buying strategies for steel? Try two free months of MetalMiner’s Outlook On Wednesday, […]
E.U. Responds to U.S. Tariffs With Duties on Products Worth €2.8B
The European Union announced Wednesday that it will impose duties on a list of U.S. products, worth approximately €2.8 billion, in response to the U.S.’s steel and aluminum tariffs. The 25% duty will go into effect Friday, June 22. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The U.S.’s 25% duty on […]
DOC Makes Affirmative Ruling in Chinese Aluminum Sheet AD Probe
The U.S. Department of Commerce (DOC) issued an affirmative preliminary ruling this week in its anti-dumping investigation of imports of common alloy aluminum sheet. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook “The association and its member companies that produce common alloy aluminum sheet are very pleased with this finding that again underscores […]
This Morning in Metals: Trump Announces $50M in Tariffs on Chinese Goods
This morning in metals news, Trump announces $50 billion in tariffs on Chinese goods, China responds to warn retaliatory tariffs are imminent and E.U. members are supportive of retaliatory measures against the U.S.’s Section 232 tariffs. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Trump Announces $50M in Tariffs on China […]
U.S. Steel Imports Down 2.5% Through First Five Months of 2018
The U.S. imported 2.5% less steel through the first five months of 2018 compared with the same period in 2017, according to a recent report from the American Iron and Steel Institute (AISI). Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Citing data from the Department of Commerce’s Steel Import Monitoring […]
This Morning in Metals: U.S. Says It Will Continue Trade Actions Against China
This morning in metals news, despite a recent detente, the U.S announced it would continue trade actions against China; Canada launched a dumping investigation of steel imports from China, Vietnam and South Korea; and China’s Chinalco gets closer to equaling rival Hongqiao in production with a recent deal. Need buying strategies for steel? Try two […]
A Memorial Day Review of the Top Posts of 2018 (So Far)
The first five months of 2018 have been quite busy ones for the world of metals. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook So, as we celebrate Memorial Day, let’s take a look back at the most-viewed posts on MetalMiner through the first five months of the year. You’ll notice […]
This Morning in Metals: U.S. Launches Section 232 on Auto Imports
This morning in metals news, the U.S. this week announced a new Section 232 probe investigating automotive imports, the specter of auto tariffs looms over Europe and Asia, and Mexico’s economy minister opines on the chances of a deal on the North American Free Trade Agreement (NAFTA) before the July Mexican presidential election. Need buying […]