Norway became the latest country to request consultations at the World Trade Organization (WTO) with the U.S. over its Section 232 steel and aluminum tariffs. The dispute complaint was circulated to WTO members June 19. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook “In Norway’s view, the additional tariffs imposed by […]
Tag: L9
India Says New Steel Policy Has Added 24M Tons of Steel Capacity
India’s new steel impetus has started to pay dividends, it would seem. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The Government of India (GoI) has claimed that not only had the new policy saved it about $739 million (Rs 5000 crore) by way of foreign exchange, it had also helped […]
U.S. Steel Imports Down 2.5% Through First Five Months of 2018
The U.S. imported 2.5% less steel through the first five months of 2018 compared with the same period in 2017, according to a recent report from the American Iron and Steel Institute (AISI). Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Citing data from the Department of Commerce’s Steel Import Monitoring […]
Raw Steels MMI: Domestic Steel Price Momentum Continues to Grow
The Raw Steels Monthly Metals Index (MMI) increased three points this month, moving up for a June reading of 92. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Domestic steel price momentum seems to keep going, with domestic steel prices increasing again. Chinese steel prices also increased in May, adding support […]
GOES MMI: 10K Section 232 Steel Exemption Requests But No Additional GOES Requests
Based on a quick search of exemption requests to the Section 232 steel tariffs, the Department of Commerce received 9,935 requests as of press time. However, MetalMiner could not find any additional grain-oriented electrical steel (GOES) requests since last month, when Nachi American Incorporated filed four requests on grounds that the only domestic GOES producer […]
Renewables MMI: Tariffs Fly As Section 232 Exemptions Expire for Key U.S. Trading Partners
The Renewables Monthly Metals Index (MMI) gained three points this month, rising for a June reading of 108. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Interior Releases Critical Minerals List Last month, the U.S. Department of the Interior published a finalized list of 35 minerals deemed to be critical to the […]
Rare Earths MMI: Subindex Slides Back One Point
The Rare Earths Monthly Metals Index (MMI) dropped one point this month for a June reading of 19. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Under the Sea In April, researchers announced that a massive source of rare earths had been located just over 1,000 miles southeast of Tokyo. The catch? […]
Copper MMI: Copper Trades Sideways as Subindex Stands Pat
The Copper Monthly Metals Index (MMI) held steady in May at 84 points. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The sideways trend came as a result of a combination of some elements of the metal basket increasing, such as LME copper, and others falling (such as scrap copper prices). […]
Automotive MMI: Sales Bounce Back in May
The Automotive Monthly Metals Index (MMI) picked up two points this month, rising for a reading of 104. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook U.S. Auto Sales Sales in the U.S. bounced back in May after a slower April. According to the New York Times, May auto sales jumped 2%, driven […]
World Steel Association Releases 2018 Steel in Figures Report
The World Steel Association (worldsteel) 2018 World Steel in Figures report offers a sweeping view of the industry, including historical data on steel production, apparent steel use and more. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The report, released on Tuesday, is part of what can be seen as a […]
