This morning in metals news, Pittsburgh-based U.S. Steel announced it plans to restart a blast furnace facility in Illinois, Trump talks tough to E.U. and Chile’s trade surplus is powered by strong copper exports. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook U.S. Steel to Restart Illinois Operations U.S. Steel announced this […]
Tag: Copper
This Morning in Metals: Steel, Aluminum Tariffs Could Lead to NAFTA Departure
This morning in metals news, Goldman Sachs’ chief economist said the if the U.S. imposes steel and aluminum tariffs, the decision could preceded an exit from the North American Free Trade Agreement (NAFTA); the president’s trade adviser said exceptions in the proposed new tariffs are unlikely and LME copper holds above its two-week low. Section […]
This Morning in Metals: China Reacts to U.S. Aluminum Foil Ruling
This morning in metals news, China’s Ministry of Commerce expressed displeasure with the U.S. Department of Commerce’s ruling Tuesday on aluminum foil, the European Union will retaliate if the U.S. imposes steel tariffs and the copper price takes a dip. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook China Expresses Dissatisfaction with Aluminum […]
This Morning in Metals: U.S. Dept. of Defense Backs Targeted Steel, Aluminum Tariffs
This morning in metals news, the U.S. Department of Defense recently indicated it would prefer targeted tariffs as opposed to a blanket strategy, Australian Prime Minister Malcolm Turnbull will press President Donald Trump on an assurance last year that Australia would be exempted and London copper is down for the week. Buying Aluminum in 2018? […]
This Morning in Metals: Chinese Scrap Steel Exports Jump in 2017
This morning in metals news, China’s scrap steel exports surged last year, two popular American non-metal products could be affected by steel and aluminum tariffs, and a miner of gold and silver looks to get into copper and zinc. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Chinese Scrap Steel Exports […]
This Morning in Metals: U.S. Raw Steel Production Down 1.9% in Year to Date
This morning in metals news, U.S. raw steel production in the year to date is down 1.9%, South Korea announced it would consider going to the World Trade Organization (WTO) if the Trump administration goes with through with steel tariffs and copper prices slide as the U.S. dollar continues its recovery from last week’s three-year […]
This Morning in Metals: Japan’s JFE Holdings Plans to Spend $6B on Upgrades
This morning in metals news, JFE Holdings Inc. in Japan plans to spend $6 billion on upgrades in the coming years, the Congressional Steel Caucus asked the administration for guidance on the Section 232 action timeline and Shanghai copper posted its biggest price jump since October. Need buying strategies for steel? Try two free months […]
This Morning in Metals: Metal Firms Line Up to Bid for Distressed Essar Steel
This morning in metals, several companies are looking to buy the distressed Essar Steel India Ltd., copper prices bounced back up and gold prices are up. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Essar Steel on the Market Companies like ArcelorMittal and VTB Group are vying for embattled Indian firm […]
This Morning in Metals: Aluminum Industry Testifies to ITC on Foil Imports
This morning in metals news, aluminum industry officials testified to the U.S. International Trade Commission regarding the ongoing aluminum foil investigation, Mexico’s economy minister says automotive rules of origin will change as part of the ongoing renegotiation talks surrounding the North American Free Trade Agreement (NAFTA) and copper is on track for its biggest weekly […]
This Morning in Metals: China Aims to Hit 2020 Steel Capacity Reduction Goal This Year
This morning in metals news, China is aiming to meet its 2020 goal for steel capacity cuts this year, a new bottle technology makes aluminum bottles feel like plastic and copper output in the Democratic Republic of Congo rose significantly in 2017. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Chinese […]
