Just the rumor that producers in the United Arab Emirates and Bahrain could win a Section 232 aluminum tariff exemption was enough to ease prices for U.S. consumers. The Trump administration imposed the 10% tariff under Section 232 back in March 2018. Now, however, the removal ostensibly comes as a reward for the two Arab […]
Category: Public Policy
This Morning in Metals: Trump signs executive order to boost mining industry
This morning in metals news: President Donald Trump signed an executive order declaring a national emergency for the mining industry; Vale this week announced the suspension of one of its iron ore operations; and the site of an old steel plant in Chicago is getting a new look. Sign up today for Gunpowder, MetalMiner’s free, […]
European steelmakers are at a challenging crossroads
Europe’s steel industry appears to be at a crossroads. Hurting before the coronavirus pandemic-induced lockdowns, the industry struggled with overcapacity, high costs, weak demand and competition from lower-cost sources (like China and Russia). The lockdowns decimated demand. Major consumers, like the automotive sector, which takes something like 20% of European production of flat-rolled steel, according […]
This Morning in Metals: Copper price bounces back
This morning in metals news: the copper price bounced back Tuesday after a down Monday session; ArcelorMittal issued a statement on the European Commission’s policy proposals aimed at reducing emissions; and U.S. oil exports have fallen in each month since February. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with […]
Indian government prepares policy to develop steel clusters
The Indian government has prepared a draft framework policy for the development of steel clusters in the country, Manufacturing Today reported. Work on the policy, however, started sometime in late 2019 but ran into a hurdle because of the COVID-19 pandemic. Does your company have a steel buying strategy based on current steel price trends? […]
Biden energy plan aims for net-zero emissions for electricity by 2035
Most of the focus on the upcoming presidential election has been around the handling of the coronavirus pandemic, choice of running mates and candidates’ reactions to protests centered around the BLM movement. Not surprisingly, such issues attract the headlines and, of course, matter for society at large. Policy has not taken center stage to the […]
USITC maintains existing duties on carbon, alloy steel wire rod products
The United States International Trade Commission recently ruled in a five-year sunset review of duties on carbon and alloy wire rod imports from several countries.
This Morning in Metals: Gold price rises to all-time high
This morning in metals news: the gold price has surged to an all-time high; China is eyeing changes to its steep capacity swap rules; and Northern Dynasty Minerals has received an environmental impact study for its Pebble copper-gold-molybdenum project in Alaska.
This Morning in Metals: BHP releases FY 2020 production results
This morning in metals news: miner BHP posted higher iron ore and copper output totals in FY 2020; miner Anglo American also released its own production results; the National Mining Association praised reforms to the National Environmental Policy Act.
This Morning in Metals: Rio Tinto releases Q2 production results
This morning in metals news: Rio Tinto released its second-quarter production results; steel industry groups want infrastructure to be added to the U.S.’s next stimulus bill; and reported plans to replace furnaces at Tata Steel’s Port Talbot plant have raised worries that thousands of jobs could be lost in the process.
