This morning in metals news, energy companies are lobbying for exemptions from the U.S. steel tariff, U.S. steel exports dropped in April compared with the previous month, and steel and iron ore prices fell by the greatest amount since March. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Asking for Exemptions […]
Tag: Copper
Copper Rallies, Zinc Price Increases
So far in June, base metal prices have increased. Copper, zinc and tin increased sharply. Meanwhile, aluminum and nickel also increased, but a little less dramatically. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Copper Rally Copper prices breached the $7,300/mt level. Prices trading over this resistance level signals strength for […]
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: Canada Considers Response to U.S. Tariffs
This morning in metals news, Canada is searching for its response to the expiration of its exemption from the U.S.’s steel and aluminum tariffs; President Trump’s top economic adviser said Canadian President Justin Trudeau is “overreacting” to the news; and copper rises as negotiations begin at BHP’s Escondida mine in Chile. Need buying strategies for […]
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 […]
Indian Copper Smelter Closes After Local Residents Protest on Environmental Grounds
The decision by a provincial government in India to shut down a copper smelter plant may have serious repercussions on copper supplies, not only in India but also globally, experts claim. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook The Tuticorin-based plant was ordered shut by the government of the Tamil Nadu State […]
This Morning in Metals: India Files Steel Tariff Complaint at WTO
This morning in metals news, India went to the World Trade Organization (WTO) to file a complaint over the U.S.’s steel tariff, President Trump is reportedly considering a 10% cut in imports of steel and aluminum from the E.U., and the copper falls after optimism fades vis-a-vis U.S.-China trade relations. Need buying strategies for steel? […]
This Morning in Metals: Japan Considers Retaliation Over Section 232 Tariffs
This morning in metals news, Japan is considering retaliation over the U.S.’s Section 232 metals tariffs, copper gains slowed in the face of a strengthening U.S. dollar, and South Korea initiated a complaint at the World Trade Organization (WTO) over the U.S. duties on solar cells and washing machines. Need buying strategies for steel? Try […]
This Morning in Metals: South Korea Goes to the WTO to Dispute U.S. Tariffs
This morning in metals news, South Korea has filed a complaint at the World Trade Organization (WTO) over the U.S. tariffs on washing machines and solar panels, turmoil in the aluminum market is high and copper prices dipped Monday. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook South Korea Goes to […]
This Morning in Metals: Copper Rises For Second Straight Day
This morning in metals news, copper was up again Thursday, the impact of the Trump administration’s steel tariffs on the can business and hearings on the Trump administration’s proposed tariffs on Chinese goods will be extended. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Copper Price Gains Momentum The LME copper […]