When you see the words “trade deal,” we instantly think of China, but the U.S. has embarked on a multitude of trade disputes with longtime trading partners. To a greater or lesser extent, some progress is being made on most of them. Keep up to date on everything going on in the world of trade […]
Tag: L1
Chinese Currency Devaluation Helps Reverse the U.S.-Chinese Steel Price Spread
The primary reason to pay attention to Chinese steel prices pertains to the country’s price leadership in the global marketplace. However, since currency dynamics shifted recently, now is a good time to take a more tactical look at the U.S.-China steel price spread. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]
U.S. Steel Production Falls, Capacity Utilization Drops to 80.6%
While U.S. steel production continues to remain up in the year to date compared with last year, production has slowed of late. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Year-to-date steel production (through Sept. 21, 2019) reached 70.77 million net tons at […]
Rusal Leading the Way Toward a Low-Carbon Future
It is hardly surprising that En+, owners of Russian aluminum producer Rusal, are pressuring the LME to force other aluminum producers to disclose their carbon footprint. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Rusal finds itself in the fortunate position of all […]
U.S Housing Starts Rise 12.3% in August
August proved to be a strong month for housing starts in the U.S. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Privately owned housing starts reached a seasonally adjusted annual rate of 1.36 million in August, up 12.3% from the July revised estimate […]
U.K. Embarks on its Own Free Trade Experiment
Much was made during the U.K.’s Brexit referendum campaign from those eager for separation from the E.U. about the ease of reaching free trade deals with the rest of the world. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Misguided as these promises […]
Slowing Growth in India, China to Weigh on Iron Ore Market
Iron ore has had a volatile year. Based on a forecast made by sector experts and research agencies, the coming year will not bring any cheer on that front. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Much of the gloom and doom scenarios stems from the fact that two […]
The September MMI Report: Stainless MMI Jumps on Rising Nickel Prices
The September 2019 Monthly Metals Index (MMI) report is in the books. This month, three of 10 MMIs increased, while six decreased and one held flat. On the trade front, the U.S. and China are set to resume trade talks, with the U.S. recently deciding to delay a tariff rate increase and China announcing tariff […]
Stainless MMI: Index Jumps 16 Points on Nickel Price Surge
The Stainless Monthly Metals Index (MMI) followed last month’s six-point increase with a 16-point jump this month. Once again, the index surge came as a result of strong nickel price gains, even though a slim majority of global prices in the index declined (albeit mildly compared to nickel price increases). Need buying strategies for steel? […]
European Commission Proposes Lowering Steel Quota Hike to 3%
Lacking a Trumpian figure in overall charge of such measures, import controls take time to be worked out in Europe, as they require consensus among E.U. members that often have conflicting priorities. One issue they do seem to agree on, though, is the need to protect Europe from rising imports of cheap steel products. Need […]
