This morning in metals news, Trump announces $50 billion in tariffs on Chinese goods, China responds to warn retaliatory tariffs are imminent and E.U. members are supportive of retaliatory measures against the U.S.’s Section 232 tariffs. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Trump Announces $50M in Tariffs on China […]
Tag: China
This Morning in Metals: China Posts Record Steel Output in May
This morning in metals news, China produced record steel output in May, ThyssenKrupp is looking to renegotiate its joint venture with Tata Steel, and China threatens to scrap trade deals with the U.S. as the latter gets ready to reveal of a list of Chinese goods that would be targeted for tariffs. Need buying strategies […]
This Morning in Metals: Tariffs on China Coming Soon?
This morning in metals news, one report says President Trump could impose tariffs on China as early as this Friday, copper drops to a one-week low and a Mexican presidential candidate says failure to renegotiate the North American Free Trade Agreement (NAFTA) cannot be “fatal” for the Mexican people. China Tariffs Could be Coming According […]
This Morning in Metals: China’s Aluminum, Steel Exports Surge in May
This morning in metal news, steel and aluminum exports from China were up in May; the National Retail Federation CEO panned the U.S.’s tariffs; and a White House economic analysis reportedly concludes President Trump’s tariffs will hurt economic growth. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Exports on the Rise […]
Dept. of Commerce Determines 257% Dumping Rate for Chinese Stainless Steel Flanges
The U.S. Department of Commerce announced Wednesday that it made a final affirmative determination in its anti-dumping investigation of stainless steel flanges from China. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook According to a release, Commerce determined Chinese exporters sold the product at 257.11% less than fair value. Imports of […]
This Morning in Metals: Chinese Steel Exporters Pursue New Buyers
This morning in metals news, Chinese steel exporters are looking for new destinations for their products, U.S. Steel is planning on restarting another Illinois blast furnace and steel production is up 1.9% in the year to date. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Looking For Buyers On the heels […]
This Morning in Metals: U.S. Hits E.U., Canada, Mexico With Steel, Aluminum Tariffs
This morning in metals news, the U.S. finally slapped its Section 232 tariffs on the European Union, Canada and Mexico; China says it is ready to defend itself should a trade war transpire; and copper falls to a three-week low. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Tariffs Finally Hit […]
U.S. Ramps Up Talk of Trade Action Against China
After recent meetings, it appeared China and the U.S. had reached somewhat of a truce in the ongoing saga of escalating trade tensions. That changed this week. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook On Tuesday, the White House released a statement in which it said the U.S. would continue […]
This Morning in Metals: U.S. Says It Will Continue Trade Actions Against China
This morning in metals news, despite a recent detente, the U.S announced it would continue trade actions against China; Canada launched a dumping investigation of steel imports from China, Vietnam and South Korea; and China’s Chinalco gets closer to equaling rival Hongqiao in production with a recent deal. Need buying strategies for steel? Try two […]
Are China Trade Negotiations Going the Same Way as the North Korean Summit?
What a difference a few days in politics makes. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Just last week many analysts, including this publication, were optimistically speculating that President Trump’s aggressive application of tariffs to force a major realignment of U.S.-China trade terms was actually paying off. Although the tone […]
