For years — decades, even — the price of alumina was taken to be one-third of the primary aluminum price. For many years, such a relationship was enshrined in long-term supply agreements with alumina producers sharing in the ups and downs of the primary aluminum price experienced by the smelters. Need buying strategies for steel? […]
Tag: L1
Are China Trade Negotiations Going the Same Way as the North Korean Summit?
What a difference a few days in politics makes. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Just last week many analysts, including this publication, were optimistically speculating that President Trump’s aggressive application of tariffs to force a major realignment of U.S.-China trade terms was actually paying off. Although the tone […]
Steelmakers Are Performing Strongly … But How Long Will That Last?
Steelmakers’ fortunes are up, and for that we should all rejoice; an industry fighting bankruptcy or suffering long-running losses is not an industry that invests in its products or services. But questions remain about how long the current run of good fortune will continue for Western steelmakers. Need buying strategies for steel? Try two free […]
Prospects For U.S.-China Trade Deal Ease Tensions
You would think that U.S. Treasury Secretary Steven Mnuchin’s announcement last week of a “framework” deal that would see Beijing increase its purchase of U.S. goods and services and commit to reducing the U.S.’s $337 billion annual trade deficit with China would have been met with universal acclaim. Need buying strategies for steel? Try two […]
Section 232 and 301, Metal Price Outlooks and More — Webinar June 6
The U.S. Section 232 and 301 probes have made significant waves in global markets this year. In March, the U.S. imposed tariffs on steel and aluminum of 25% and 10%, respectively, as part of the Section 232 probe. Last year, the U.S. launched a Section 301 probe investigating Chinese trade practices, with particular focus on […]
Are the Balkans the Next Big Thing?
Does your company strategy call for a European manufacturing base but you worry you have missed the boat in terms of accessing lower-cost opportunities created when eastern European countries like Poland and the Czech Republic came into the E.U.? Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Lower land and labour […]
Momentum Slows for Domestic Steel
Domestic steel momentum seems appears to have finally started to slow down. So far this month, hot-rolled coil, cold-rolled coil, hot-dip galvanized and plate prices have begun to trade sideways. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The slower pace of the increases should come as no surprise, as domestic […]
Is the Global Trading System a Bust? (Part 2)
(Editor’s Note: This is the second of two parts delving into the complexity of the modern global trading system. In case you missed it, read Part 1 here.) The results of trade agreements with South Korea and other nations have been similarly lopsided; America’s trade-in-goods deficit with the world is now approximately 4% of GDP. […]
Oil Price Rises Pose a Threat to Global Growth Next Year
Rising oil prices were seen last year as a positive result of growing global growth and recovery, but a combination of factors are turning this benign view into a more sinister scenario. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook On the supply side, the combined efforts of OPEC and Russia, […]
India is Changing Faster Than Many of Us in the West Realize
India has over-promised and under-delivered on so many fronts over the decades. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Home of the world’s largest and, despite its young age and huge diversity, still thriving democracy, it has promised growth to rival China. Apart from brief bursts of activity, it has […]
