Lower auto sales in Europe have put West European hot rolled coil prices under pressure. However, demand from construction is nonetheless helping to support prices for the flat-rolled product. “People want to invest their money into something,” one trader source told MetalMiner. We’re offering timely emails with exclusive analyst commentary and some best practice advice. […]
Tag: European Union
With WTO in crisis, European Commission proposal aims to bypass deadlock
These are trying times for the World Trade Organization (WTO). Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Amid the blustery headwinds of trade wars and tariffs, the WTO has come in for some heat, most prominently from U.S. President Donald Trump. Most […]
Europe Formalizes Provisional Steel Tariffs from the Start of February
Some call them safeguards, some call them protectionist barriers, and some love them and some hate them. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Few measures divide like import tariffs. We have seen it in the U.S. While Europe would claim its own measures are a reaction to the […]
Europe Embraces Tariff Barriers in Response to Rising Imports
They call it the law of unintended consequences and, broadly speaking, it was intended by the American sociologist Robert K. Merton to mean unintended consequences are outcomes that are not the ones foreseen and intended by a purposeful action — particularly actions of a government. Need buying strategies for steel? Request your two-month free trial […]
Rome Goes to War with Brussels
Readers in North America can be excused for puzzling why Europeans worry overly about the so-called “Eurozone crisis.” Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook They seem to come around periodically. There is a great deal of noise and some volatility in the stock markets, but eventually — whether […]
E.U. Steel Consumption Up 3% in Q1 2018
The European Union (E.U.) posted a 3% increase in apparent steel consumption during Q1 2018 compared with Q1 2017, according to a recent European Steel Association (EUROFER) report. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook According to EUROFER, the E.U. steel market began 2018 on “relatively strong footing,” but that […]
Harley-Davidson Plans to Move Production Overseas in Latest Chapter of Trade Saga
President Donald Trump will not be the first commander-in-chief to find that waging wars on multiple fronts is a strategy with significant drawbacks. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Taking on America’s NAFTA partners, Canada and Mexico, at the same time as the European Union is encouraging multiple retaliatory […]
New European Commission Report Touts Removal of Trade Barriers
As even casual watchers of world affairs and international commerce might have caught on to by now, protectionism — or, at minimum, complaints of protectionism — has been on the rise. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The current of protectionism has blown in many directions, from the U.S. […]
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 […]
This Morning in Metals: Sanjeev Gupta Reopens Steelworks in South Carolina
This morning in metals news, Sanjeev Gupta reopened his GFG Industrial Group’s steelworks in South Carolina in an effort to beat the U.S. steel tariff, the steel tariff could lead to the loss of jobs at a Missouri nail production plant and Harley-Davidson feels the sting of the E.U.’s counter-tariffs. Need buying strategies for steel? […]
