The U.S. Department of Commerce announced Tuesday that it had made a preliminary affirmative determination in its countervailing duty investigation of cast iron soil pipe imports from China. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The department calculated countervailing subsidies ranging from 13.11-111.20%. The 13.11% rate was applied to Yuncheng Jiangxian […]
Tag: China
This Morning in Metals: E.U. Could Have Steel-Curbing Measures by Mid-July
This morning in metals news, it might not be long before the European Union imposes new measures to curb steel import levels, the zinc price continues its slide and Chinese President Xi Jinping warns that China is not afraid of fighting back on trade. Need buying strategies for steel? Try two free months of MetalMiner’s […]
Aluminum Tariffs Results Are a Mixed Bag for U.S. So Far
If the aim of President Trump’s 10% import tariff on aluminum was to impact China or to encourage the reshoring of primary aluminum production into the U.S., it has, at least so far, been at best only a partial success. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Just last month, […]
Is This a U.S.-China Trade War or Just a Chaotic Negotiation?
It may seem like we are on the brink of a trade war Armageddon. Certainly, stock markets have reacted negatively to the threat of a trade war between the world’s two largest economies, the U.S. and China. But the reality is we are in the midst of a crude, clumsy and haphazard negotiating process — […]
This Morning in Metals News: E.U. to Impose Tariffs on U.S. Goods
This morning in metals news, the European Union plans to import retaliatory tariffs against the U.S. this week, Canada is considering aid to auto companies in light of proposed U.S. auto tariffs and President Trump’s trade adviser defends the administration’s tariff strategy. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook E.U. […]
DOC Initiates AD, CVD Probes of Steel Propane Cylinders From China, Taiwan, Thailand
The U.S. Department of Commerce last week announced it had launched a new anti-dumping probe with respect to steel propane cylinders from China, Taiwan and Thailand. The DOC also launched a countervailing duty probe of the steel propane cylinders from China. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The DOC […]
China Ministry of Commerce Spokesperson: U.S. Tariffs Are ‘Blackmailing’
Despite a brief window last month in which trade tensions between the U.S. and China seemed to have deescalated, said tensions have resumed apace in recent days. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook On Friday, the U.S. announced the list of just over 1,100 products worth $50 billion that […]
Rio Tinto, Minmetals Ink JV Deal for Mineral Exploration in China
Last week Rio Tinto announced a new 50-50 joint venture with Beijing-based Minmetals, a partnership that will seek to explore “world-class mineral deposits” in China. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook According to a Rio Tinto release, the registered capital of the joint venture amounts to $31.3 million, plus initial contributions […]
USTR Announces 25% Tariff Targeting 1,102 Chinese Imports
This past Friday, the Office of the United States Trade Representative (USTR) released the list of Chinese goods targeted for an additional 25% tariff, marking a critical step in the Trump administration’s Section 301 probe that has investigated what it perceives to be unfair Chinese trade practices. Need buying strategies for steel? Try two free […]
Are China’s Surging Aluminum Exports a Harbinger of Future Export Levels?
China could be said to be making hay while the sun shines. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook