This morning in metals news, Goldman Sachs’ chief economist said the if the U.S. imposes steel and aluminum tariffs, the decision could preceded an exit from the North American Free Trade Agreement (NAFTA); the president’s trade adviser said exceptions in the proposed new tariffs are unlikely and LME copper holds above its two-week low. Section […]
Category: Non-ferrous Metals
Hot Off the Presses: MetalMiner’s Section 232 Investigation Impact Report is Out
If you’re in the metals industry, you have likely been waiting a long time for word from the White House on what the president will do vis-a-vis the U.S. Department of Commerce’s Section 232 investigations of aluminum and steel imports. Section 232 buying strategies – grab a copy of MetalMiner’s Section 232 Investigation Impact Report today! The […]
Trump Says Administration Will Implement Steel, Aluminum Tariffs Next Week
After a hectic morning during which it seemed like a Section 232 announcement from President Trump was coming, before it then it seemed like it would be postponed, an announcement did finally come. Section 232 buying strategies – download MetalMiner’s Section 232 Investigation Impact Report today! CNN reported earlier today that Trump said his administration […]
This Morning in Metals: Trump Calls for ‘Smart Trade’ in Tweet on Steel, Aluminum
This morning in metals, the president tweets about steel and aluminum (current Section 232 probes under his consideration), Apple’s move on cobalt and China plans to crack down on aluminum price speculation. Section 232 buying strategies – download MetalMiner’s Section 232 Investigation Impact Report today! Trump Tweets About Steel, Aluminum; Announcement Possibly Coming Today According […]
Interior Department Seeks Public Comment on Draft List of Critical Minerals
Earlier this month, the U.S. Department of the Interior announced that it is seeking public comment on a recently released draft list of minerals “considered critical to the economic and national security of the United States.” Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook An executive order from President Trump in December directed […]
This Morning in Metals: U.S. Raw Steel Production Picked Up
This morning in metals news, domestic raw steel production for the week ending Feb. 24 was up slightly from the same week last year, Shanghai copper prices drop and Japan’s steel exports rose 24.1% in January. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Raw Steel Production Up 0.7% Year Over […]
This Morning in Metals: U.S. Dept. of Defense Backs Targeted Steel, Aluminum Tariffs
This morning in metals news, the U.S. Department of Defense recently indicated it would prefer targeted tariffs as opposed to a blanket strategy, Australian Prime Minister Malcolm Turnbull will press President Donald Trump on an assurance last year that Australia would be exempted and London copper is down for the week. Buying Aluminum in 2018? […]
This Morning in Metals: Chinese Scrap Steel Exports Jump in 2017
This morning in metals news, China’s scrap steel exports surged last year, two popular American non-metal products could be affected by steel and aluminum tariffs, and a miner of gold and silver looks to get into copper and zinc. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Chinese Scrap Steel Exports […]
Breaking Down Section 232 Aluminum, Part 3: The Impact on U.S. Production
(Editor’s Note: In case you missed the previous installments of this series, check out Part 1 and Part 2.) What About the Impact on U.S. Production? First, the recommendations from the Department of Commerce apply to both primary (or upstream) and downstream production. The upstream production refers to unwrought production, while downstream production consists of […]
Breaking Down Section 232 Aluminum, Part 2: U.S. Importing More and Exporting Less
(Editor’s Note: This is the second part of our series covering the recently released Section 232 aluminum report. In case you missed it, you can find Part 1 here.) Domestic Aluminum Industry The aluminum industry has three main steps according to the production process: Upstream, or primary or unwrought production. Downstream, which consists of processing […]