This morning in metals news, the Department of Commerce issued an affirmative determination its investigation of imports of common alloy aluminum sheet from China, China boasted strong October exports despite the U.S. tariffs, and aluminum prices are too low for such a tight market, according to analysts. Need buying strategies for steel? Request your two-month […]
Tag: Aluminum
Is the Russian Aluminum Giant Rusal Off the Hook?
Reading like Tolstoy’s “War and Peace,” an epic article in The New York Times explores the background and history of Oleg Deripaska’s battle to initially gain acceptance in the West and, later, to save his companies — notably Rusal and its holding company En+ — from potentially bankrupting U.S. sanctions. Buying Aluminum in 2019? Download […]
Politics or Compliance? Tariff Waiver Process Under Scrutiny
Criticism of Donald Trump’s tariff action, particularly by archrival Sen. Elizabeth Warren, is too often cast as simply political maneuvering, but there is a very real issue underpinning this current argument. That is, to be successful tariffs need to block imports and support domestic production — otherwise, what’s the point? Need buying strategies for steel? […]
Alunorte Alumina Refinery’s Prospects Are Improving
Brazil’s Institute of Environment and Renewable Natural Resources, known as IBAMA, has lifted the embargo on Norsk Hydro’s Alunorte alumina refinery, several headlines are saying, encouraging many to think full production of alumina will start flowing from Hydro’s massive plant in the near future. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook But while it […]
This Morning in Metals: Trump Reviews Metals Tariffs on Canada, Mexico
This morning in metals news, President Trump is reviewing the U.S.’s steel and aluminum tariffs with respect to their application to Canada and Mexico, copper prices are up and the World Trade Organization (WTO) has set up a panel for a dispute between Japan and South Korea. Need buying strategies for steel? Request your two-month […]
This Morning in Metals: London Copper Prices Hit Two-Week Low
This morning in metals news, the LME copper price fell Thursday, miner Antofagasta downgraded its 2018 copper production guidance and Norsk Hydro says the global aluminum market is moving toward a deficit. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Price Slides The LME copper price dropped to a two-week low […]
India Grapples with Repercussions of U.S. Metals Tariffs
The ripples continue to spread across the pond of international trade from President Trump’s steel and aluminum tariffs. In a recent post from India reported in Aluminium Insider, an analysis of the scrap, primary and downstream semi-finished metals trades into and out of India reveal how economies on the other side of the globe are grappling […]
This Morning in Metals: Ford Says Prices of U.S. Steel More Expensive than Anywhere Else
This morning in metals, Ford Motor Co. says prices of U.S. steel are higher than anywhere else in the world, China’s alumina exports surged in September and the LME copper price dropped Tuesday. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook High Prices U.S. automaker Ford has been vocal about […]
This Morning in Metals: Tangshan Mills Boost Steel Production
This morning in metals news, mills in the Chinese city of Tangshan have increased steel production despite the official start of winter cuts, LME copper prices fell and U.S. imports of aluminum from Australia have been on the rise. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Tangshan Boosts Steel […]
DOC Initiates CVD, AD Investigations of Aluminum Wire, Cable Imports From China
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 […]
