Tag: South Korea

This Morning in Metals: Trump Signs Proclamation That Could Offer Tariff Relief to Quota Countries

This morning in metals news, President Donald Trump signed a proclamation that offers “targeted relief” for a quartet of countries subject to metals quotas, Mexico’s steel association urges the government to negotiate a repeal of the U.S.’s steel tariff and Canada rejoins talks with the U.S. regarding the North American Free Trade Agreement (NAFTA). Need […]

U.S. Steel Imports Are Down 10% in the Year to Date

Given the state of trade relations and the imposition of tariffs, it’s not surprising that the U.S. has imported less steel so far this year. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook According to a recent American Iron and Steel Institute (AISI) report, U.S. imports of finished steel fell 10.1% […]

This Morning in Metals: Tariffs Saving the U.S. Steel Industry? Trump Says Yes

This morning in metals news, President Trump claimed his tariffs are saving the U.S. steel industry, steel supplies from Japan and South Korea to India have increased, and Turkey hits back with new tariffs in response to the U.S.’s doubling of the steel and aluminum tariffs. Lower your aluminum spend – Take a free trial […]

This Morning in Metals: Japan Considers Retaliation Over Section 232 Tariffs

This morning in metals news, Japan is considering retaliation over the U.S.’s Section 232 metals tariffs, copper gains slowed in the face of a strengthening U.S. dollar, and South Korea initiated a complaint at the World Trade Organization (WTO) over the U.S. duties on solar cells and washing machines. Need buying strategies for steel? Try […]

This Morning in Metals: South Korea Goes to the WTO to Dispute U.S. Tariffs

This morning in metals news, South Korea has filed a complaint at the World Trade Organization (WTO) over the U.S. tariffs on washing machines and solar panels, turmoil in the aluminum market is high and copper prices dipped Monday. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook South Korea Goes to […]

This Morning in Metals: India Asks for Exemption from U.S.’s Steel, Aluminum Tariffs

This morning in metals news, India wants to get a waiver from the U.S.’s Section 232 tariffs on steel and aluminum, uncertainty for craft beverage makers, and the U.S. Trade Representative said he is hopeful a new North American Free Trade Agreement (NAFTA) deal can be reached soon. Need buying strategies for steel? Try two […]

This Morning in Metals: South Korea Gets Steel Tariff Exemption

This morning in metals news, the U.S. and South Korea reach a revised trade agreement, the E.U. started a study on possible steel import limits and copper slides to a 3 1/2-month low. U.S. Gives South Korea Steel Tariff Exemption The U.S. and South Korea reached an agreement on steel tariffs, with the U.S. exempting […]

Trump Grants Temporary Exemptions From Steel, Aluminum Tariffs for E.U., 4 Others

Amid President Trump’s announcement Thursday morning regarding the ongoing Section 301 investigation vis-a-vis Chinese trade practices, United States Trade Representative (USTR) Robert Lighthizer told the Senate Finance Committee that the European Union and several other trading partners would be granted temporary exemptions from the administration’s Section 232 steel and aluminum tariffs. Need buying strategies for […]

This Morning in Metals: Canadian PM Justin Trudeau ‘Confident’ in NAFTA Talks

This morning in metals news, Canadian Prime Minister Justin Trudeau is confident in the ability to reach a North American Free Trade Agreement (NAFTA) deal, West Coast ports are preparing for the imposition of the Trump administration’s steel tariff, and Tokyo and Seoul are seeking exemptions from the tariffs. Need buying strategies for steel? Try […]

This Morning in Metals: Rising Metals Costs Cutting into Profits, Ford Expected to Say

This morning in metals news, Ford Motor Co. is expected to say rising metals costs are cutting into its profits, Japanese crude steel output is down and South Korea’s largest steelmaker is reaping the benefits of high steel prices. Lower your aluminum spend – Take a free trial of MetalMiner’s Monthly Outlook! Rising Metals Prices […]

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