Chinese authorities recently presented a draft plan to reduce heavy metal emissions by 5% by 2025. As noted previously here, the move comes after Beijing moved to stabilize surging coal prices. The government moved to increase both coal imports and domestic output. The Dalian coking coal price surged to $694 per metric ton in late […]
Category: Public Policy
Inflation and tariffs — what’s the connection?
Inflation is currently a hot topic on Wall Street and in Washington. For many, it’s a much more immediate issue than other major issues, like the impact of climate change. A recent Financial Times post in the paper’s Trade Secrets newsletter posed a somewhat controversial but not inappropriate question: could removing tariffs be the answer […]
This Morning in Metals: President Biden signs infrastructure bill
This morning in metals news: U.S. President Joe Biden signed the over $1 trillion infrastructure bill into law Monday; meanwhile, import prices rose by 1.2% in October, the Bureau of Labor Statistics reported today; and, lastly, manufacturers’ and trade inventories increased in September. MetalMiner has launched a full suite of precious metals as part of […]
Week in Review: Steel prices soften; House sends infrastructure bill to Biden’s desk; CPI rises 0.9% in October
Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner, including softening steel prices, the House’s passage of the over $1 trillion infrastructure bill and more: Check if your service center is providing you with price transparency for your steel spend. Week […]
Infrastructure bill’s passage bodes boost for metals demand
After months and months of debate, the House of Representatives on Friday voted to pass an over $1 trillion infrastructure bill to repair the country’s roads and bridges, improve the rail system, and expand clean water access, among other investments. The vote proved bipartisan, with a number of Republicans voting in favor of the bill. […]
This Morning in Metals: House passes $1.2T infrastructure bill
This morning in metals news: the House of Representative on Friday passed a $1.2 trillion infrastructure bill, sending the bill to the desk of President Joe Biden; meanwhile, the American Iron and Steel institute reacted to the infrastructure bill’s passage; and, lastly, nonfarm payroll employment rose by 531,000 in October. MetalMiner has launched a full […]
This Morning in Metals: US, EU reach deal on Section 232 steel, aluminum tariffs
This morning in metals news: the U.S. and E.U. have struck a deal that will see to the former resuming imports of duty-free steel and aluminum from the E.U.; battery storage applications have shifted, the Energy Information Administration explained; and, lastly, compensation costs increased during Q3 2021. Want an occasional email from MetalMiner that highlights […]
What’s next for US Section 232 tariffs on EU steel, aluminum?
Talk of trade meetings are usually met with a yawn and click to the next news item. However, last week’s meeting between the E.U. and the U.S. in Pittsburgh may be one event worth following. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for each […]
Department of Commerce launches Section 232 neodymium magnets probe
The Department of Commerce has initiated a Section 232 investigation covering neodymium-iron-boron magnets, the department announced Sept. 24. We’re offering timely emails with exclusive analyst commentary and some best practice advice. Sign up here. Section 232 investigation to cover neodymium magnets The Trump administration used Section 232 of the Trade Expansion Act of 1962 to […]
This Morning in Metals: Senate passes $1T infrastructure bill
This morning in metals news: the U.S. Senate on Tuesday voted to pass a $1 trillion infrastructure bill; the Consumer Price Index for All Urban Consumers rose once again in July; and, finally, the Energy Information Administration forecast lower-than-average natural gas inventories heading into the winter heating season. You want more MetalMiner on your terms. […]
