This morning in metals news, a group of Tennessee manufacturers sent the president a letter urging him to rescind the Section 232 tariff on imported steel, the Trump administration has proposed a new rule for emissions standards that would undo Obama-era limits and copper hit a one-week high.Need buying strategies for steel? Try two free […]
Category: Non-ferrous Metals
Turkey Goes to WTO For Consultations With U.S. Over Additional Steel, Aluminum Duties
In the latest move in the recent saga of burgeoning tensions between the U.S. and Turkey, the latter has filed a request with the World Trade Organization (WTO) for consultations over the U.S.’s additional steel and aluminum tariffs. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The request was circulated to […]
Zinc, Lead Post Global Supply Deficits in 1H 2018
According to data released Monday by the International Lead and Zinc Study Group (ILZSG), both lead and zinc were in deficit through the first six months of the year. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook According to the ILZSG report, Chinese data for the months of April, May and […]
This Morning in Metals: U.S. Steel Shipments Rise 3.2% Year Over Year
This morning in metals news, U.S. steel mills saw their shipments rise in June, Shanghai rebar steel prices hit a nearly seven-year high and copper recovers on optimism regarding U.S.-China trade talks. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Steel Shipments Surge Shipments from U.S. steel mills rose 3.2% year […]
Week in Review: Rusal, the U.S.-Turkey Conflict and Data in Risk Mitigation
Before we head into the weekend, let’s take a look back at the week that was and some of the metals-related storylines here on MetalMiner: MetalMiner’s Stuart Burns took a look at Rusal and the impact U.S. sanctions have had on the Russian aluminum giant since April. In case you missed it, our August Monthly […]
This Morning in Metals: U.S. Steel Announces $750M Investment in Gary Plant
This morning in metals, U.S. Steel announced a large investment at its flagship steel plant, the U.S. and China will resume talks on trade, and copper is set to finish the week with its biggest weekly loss since early July. U.S. Steel Announces $750M Investment U.S. Steel announced it plans to invest $750 million in […]
India’s Largest Aluminum Producer Seeks Import Caps as Sector Looks to Up Competitiveness
India’s aluminum sector finds itself in a state of flux. Secondary aluminum makers in India are not upset by the import levies announced by U.S. President Donald Trump, but have expressed concern at the inverted duty structure perpetuated by the Indian government itself. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook On the […]
Tariffs Lift Prices But Capacity Utilization Remains an Issue
Even if U.S. steelmakers have been slow to add capacity following President Trump’s tariff protection, it would seem foreign steel makers are willing to commit to domestic U.S. production. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The Financial Times this week reported on the announcement by BlueScope Steel, Australia’s biggest […]
This Morning in Metals: Domestic Raw Steel Production Up 5% Year Over Year
This morning in metals news, domestic raw steel production for the week ending Aug. 11 jumped 5% compared with the same week last year, the U.S. has raked in more than $1.4 billion from its steel and aluminum tariffs, and China’s aluminum production surged in July. Need buying strategies for steel? Try two free months […]
This Morning in Metals: U.S. Steel Mills See 3.2% Jump in Shipments
This morning in metals news, U.S. steel mills shipped 3.2% more steel in June 2018 than in June 2017, President Donald Trump announced the doubling of steel and aluminum tariff rates against Turkey, and Ford is feeling the effects of rising metals prices. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook […]