That the news is all about trade makes a change for us business folks from the tittle-tattle around the private lives of politicians or celebrities, as trade is topic that actually touches all of us (whether we are immediately aware or not). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
Tag: G20
This Morning in Metals: G20 Wary of Slowing Growth, Calls for ‘Free, Fair’ Trade
This morning in metals news, world leaders gathered in Japan this weekend for the G20 Summit, a deadline for bidding on the liquidated British Steel came and went June 30, and Australia’s iron ore exports are forecast to fall for the first time in 18 years. Need buying strategies for steel? Request your two-month free […]
This Morning in Metals: Rio Tinto Downgrades Iron Ore Guidance
This morning in metals news, Rio Tinto downgraded its 2019 iron ore guidance, India is looking to combat Chinese steel imports with higher duties, and the copper price lost some gains late this week on the back of U.S.-Iran tensions and ahead of the G20 Summit in Japan. Need buying strategies for steel? Request your […]
This Morning in Metals: Vale Says Drop in Steel Prices is Temporary
This morning in metals news, the state of falling global steel prices is a temporary condition attributable to Chinese overproduction ahead of winter cuts, according to miner Brazilian miner Vale; Chilean copper exports in November were less valuable; and the arrest of a Huawei Technologies executive has caused concern that it could cast a shadow […]
U.S.-China Trade Talks at G20 Thaw Icy Relations, For Now
It’s good to talk — or so the oft-quoted phrase used in the mobile phone ads would have us believe. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook And so it would seem from the market’s reaction to two meetings over the weekend. The first was a temporary truce in […]
This Morning in Metals: Trump, Xi Reach Agreement to Press Pause on New Tariffs
This morning in metals news, President Donald Trump and President Xi Jinping reached an agreement that at least temporarily puts a cap on the escalation of trade tensions, Chinese steel and iron ore prices rose on the news, and Chinese copper premiums hit an 18-month low. Need buying strategies for steel? Request your two-month free […]
Tariffs Could Just be First Salvo in Readjustment of U.S. Trade Relationships
There were grand words from German Chancellor Angela Merkel and Chinese President Xi Jinping, the leaders of two of the world’s biggest trading economies, on a call Saturday ahead of a Group of 20 (G20) meeting of finance ministers and central bank governors in Buenos Aires, reported the Financial Times. Need buying strategies for steel? Try two […]