The U.S. Department of Commerce (DOC) announced late last week that it had initiated anti-dumping and countervailing duty investigations related to imports of aluminum wire and cable from China. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook According to the DOC, imports of the products from China in 2017 were […]
Tag: China
This Morning in Metals: Canada Plans to Impose 25% Steel Tariff, Quotas
This morning in metals news, Canada plans to impose tariffs and quotas on seven categories of steel, the VIX surged this week to an eight-month high, and China’s steel and aluminum exports held relatively steady last month. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Canada to Impose Steel Safeguards […]
We Could Be in the Early Stages of a New Cold War
A new Cold War — does that sound ridiculous? Does it sound alarmist? Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook It would have been a month or more back, but today it is a plausible statement. A post by Edward Luce in the Financial Times refers to a Bloomberg […]
This Morning in Metals: Aluminum Association Disappointed in USMCA
This morning in metals news, the Aluminum Association expressed its disappointment in the United States-Mexico-Canada Agreement (USMCA), the Pentagon is reviewing the U.S.’s dependence on foreign sources of critical materials (including rare earths from China) and Section 232 steel tariff exemption requests continue to rise. Need buying strategies for steel? Request your two-month free trial […]
This Morning in Metals: Is China at ‘Peak Steel’?
This morning in metals news, steel production in China could be at a peak, Tesla missed its Model 3 weekly production target and U.S. steel capacity utilization hit 79.2% last week. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Steel Peak According to a Bloomberg report, China is at peak […]
This Morning in Metals: Copper, Aluminum Prices Drop on News of China’s Adjusted Winter Capacity Cuts
This morning in metals news, copper and aluminum prices drop, Japanese steel exports fall and the U.S. and Canada still remain without a new deal vis-a-vis North American Free Trade Agreement (NAFTA) renegotiation efforts. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook Copper, Aluminum Prices Fall on Scaledown of China’s Winer Cuts Copper […]
Chinese White Paper Accuses U.S. of ‘Unilateralism, Protectionism and Economic Hegemony’
Trade friction between the U.S. and China have continued apace, with the U.S. imposing an additional round of tariffs worth $200 billion and China responding with $60 billion in tariffs on U.S. goods. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Despite attempts at dialogue, tensions have only increased throughout […]
This Morning in Metals: Copper Near 10-Week High Despite Trade Tensions
This morning in metals news, copper prices approached a 10-week high, trade tensions continue to rise between the U.S. and China, and an Australian coal miner boasts a $4.4 billion IPO. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Prices Hover Near 10-Week High Even with trade tensions weighing […]
This Morning in Metals: USTR Questions Global Steel Forum’s Ability to Deliver Capacity Cuts
This morning in metals news, the Office of the United States Trade Representative (USTR) dished out criticism for a global steel forum and its efforts toward curbing excess steel capacity, Chinese steel rebar prices are up and Walmart warns tariffs could result in price increases. Need buying strategies for steel? Request your two-month free trial […]
This Morning in Metals: Union Expresses Frustration in Contract Talks with U.S. Steel
This morning in metals news, contract talks between United Steelworkers and U.S. Steel have been “frustrating,” China’s scrap usage increased during the first six months of the year and Thyssenkrupp’s CEO says the firm will forge on with plans to merge its European operations with those of Tata Steel Need buying strategies for steel? Request […]
