This morning in metals news, the zinc and copper prices made gains this week, automakers expressed criticism of the U.S.’s steel and aluminum tariffs, and Shanghai rebar prices fell. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Zinc, Copper Prices Rise Both metals made gains this week on concerns of […]
Tag: Automotive
Tariffs’ Impact on the Automotive Industry Takes Center Stage During Senate Finance Committee Hearing
The Senate Finance Committee hosted a hearing on the impact of tariffs on the automotive industry Wednesday morning. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The Department of Commerce self-initiated a Section 232 investigation of automobiles and automotive parts back in May. “In short, the U.S. auto industry is […]
Theft of Auto Catalytic Converters on the Rise in the U.K.
There used to be a time when you were wary of parking your car in an unlit street or side road for fear you may come back to find it jacked up on blocks and all four shiny alloy wheels missing. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Locking […]
This Morning in Metals: Chinese City Prepares Steel Output Cuts
This morning in metals news, a Chinese city in Jiangsu province plans to enforce steel and chemical output cuts, U.S. companies requesting exclusions from the Section 232 steel tariff are feeling the heat and countries around the world are meeting to discuss a potential response should the U.S. impose automotive tariffs. Need buying strategies for […]
Week in Review: Auto Hearings, Wind Energy, Cobalt and a Uranium Investigation
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner®: Need buying strategies for steel? Try two free months of MetalMiner’s Outlook India sought consultations with the U.S. over its steel and aluminum tariffs. The Department of Commerce launched anti-dumping […]
This Morning in Metals: DOC Launches Section 232 Uranium Investigation
This morning in metals news, the Department of Commerce launched another Section 232 investigation, the Section 232 auto probe hearings kicked off earlier this morning and Turkish steel production increased during the first six months of the year. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Commerce Launches Uranium Investigation As […]
Public Hearings on Potential Section 232 Auto Tariffs Begin Thursday
The U.S. Department of Commerce launched a new investigation, under the aegis of the little-used but now ubiquitous Section 232 of the Trade Expansion Act of 1962, this time investigating imports of automobiles and automotive components. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Unsurprisingly, while no decisions have been made […]
Trade Tariffs Will Adversely Impact the Automotive Sector
There will be significant winners and losers to the current U.S.-E.U. trade war, but none more so than in the automotive sector. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Size matters when it comes to reshuffling production among plants to avoid import tariffs. According to the Financial Times, larger companies […]
GM Says Section 232 Auto Tariffs Would Harm Its Competitiveness
The Trump administration’s Department of Commerce announced in May that it would be using Section 232 once again, this time to investigate imports of automobiles and automotive components. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Secretary of Commerce Wilbur Ross testified before the Senate Finance Committee on June 20, a […]
Automakers Go on the Offensive Over Potential Tariffs
The president’s assertion that trade wars are easy to win is — at this stage, at least — looking a little less certain than it was at the outset. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Not surprisingly, exporters to the U.S. impacted by actual and proposed import tariffs are […]
