Several aluminum associations around the world penned a joint letter in which they urged G20 leaders to hold a forum on global aluminum overcapacity. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook “In light of the conclusions reached last July at the G20 Summit in Hamburg, Germany, and the publication of the Global […]
Category: Non-ferrous Metals
This Morning in Metals: EU Aluminum Smelting Costs Going Up, China Squeezes U.S. Scrap
This morning in metals, we look at a few key stories circulating in the metals news mill that buyers should have an eye on. EU ETS Reform to Increase Aluminium Smelting Costs According to CRU Group (paywall), the free carbon permit allowances for EU aluminum smelters that have always been in place are about to be […]
This Morning in Metals: Rusal Shares Plummet After U.S. Sanctions
This morning in metals news, Rusal saw its stock tumble after being hit with sanctions by the U.S., President Trump criticizes China’s auto tariffs and the U.S. Department of Commerce issued a final affirmative determination in its countervailing duty probe of stainless steel flanges from China. Need buying strategies for steel? Try two free months […]
This Morning in Metals: Copper Hits Over One-Week High
This morning in metals news, copper hits an over one-week high, President Trump is pushing for a preliminary deal on the North American Free Trade Agreement (NAFTA) by mid-April and gold could reach $1,400 if a trade war ensues. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Copper Surges Strong manufacturing […]
This Morning in Metals: Japan’s Aluminum Industry Calls for End to U.S. Aluminum Tariff
This morning in metals news, Japan is calling for the U.S. to ditch its recently imposed Section 232 aluminum tariff, U.S. steel exports were up 13% last year and Texas Gov. Greg Abbott announced a $500 million investment from JSW Steel for its facility in Baytown, Texas. Need buying strategies for steel? Try two free […]
This Morning in Metals: South Korea Gets Steel Tariff Exemption
This morning in metals news, the U.S. and South Korea reach a revised trade agreement, the E.U. started a study on possible steel import limits and copper slides to a 3 1/2-month low. U.S. Gives South Korea Steel Tariff Exemption The U.S. and South Korea reached an agreement on steel tariffs, with the U.S. exempting […]
Week in Review: Section 232 Tariffs, Exemptions and a Big Thursday for the Trade World
Before we head into the weekend, let’s take a look a look back at the week that was and some of the stories here on MetalMiner: Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook Stuart Burns delves into falling Chinese iron ore prices — it’s not just about port stocks. The U.S. International […]
Department of Commerce Releases Section 232 Exclusion Process Details
The Department of Commerce released both the process and requirements for the submission of exclusions for the steel and aluminum Section 232 proclamations made public on March 8, 2018. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook As published in the Federal Register, the Secretary of Commerce has the authority to […]
It’s Back: Updated Section 232 Impact Report Includes New Aluminum, Steel Sections
A little over two weeks ago, the MetalMiner team released its Section 232 Investigation Impact Report in response to President Trump’s initial announcement regarding the intention to impose tariffs of 25% and 10% on steel and aluminum, respectively. Of course, time marches on and so, too, does the news. Since then, the announcement became […]
USITC Makes Final Affirmative Determination in Chinese Aluminum Foil Case
The U.S. International Trade Commission (USITC) issued a final affirmative determination in the ongoing anti-dumping and countervailing duty investigation of Chinese aluminum foil. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook The Department of Commerce made its own final affirmative determination Feb. 27. “The United States International Trade Commission (USITC) today determined that a […]
