It looks like India is not going to give up its fight with the U.S. and the WTO so easily. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! But first, the original story. Last week, adjudicators of the World Trade Organization (WTO) rejected most of India’s […]
Tag: Steel
Chinese steel, raw material prices are on the rise
Amid the doom and gloom on steel prices – at least for producers, you won’t hear consumers complaining — a couple of Reuters reports suggest some of the relentless pressure on prices may ease early next year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Demand in top consumer China […]
This Morning in Metals: Asian Stocks Fall on Trump’s Tariff Threat
This morning in metals news, President Donald Trump threatened to raise tariffs on China if a deal isn’t reached, Norsk Hydro has closed its fabrication business unit in Drunen, Netherlands, and the European Steel Association (EUROFER) called for reinforcement of the E.U.’s steel safeguards. Keep up to date on everything going on in the world […]
Metal manufacturers, users call for Section 232 sunset provision
More than a year and a half has elapsed since President Donald Trump, leveraging Section 232 of the Trade Expansion Act of 1962, imposed tariffs on imported steel and aluminum of 25% and 10%, respectively. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Trump applied the tariffs using the Section […]
This Morning in Metals: Supply Dynamics Wins Microelectronics Supply Chain Provenance Challenge
This morning in metals news, Supply Dynamics took home a national award in the Microelectronics Supply Chain Provenance Challenge, China is investigating steel excess capacity and the Indian Supreme Court has given the green light to ArcelorMittal’s acquisition bid of Essar Steel. Keep up to date on everything going on in the world of trade […]
U.S. Year-to-Date Steel Capacity Utilization Rate Holds at 80.3%
The U.S. steel sector’s capacity utilization rate incrementally declined in recent months, falling from 81.0% for the year to date as of late August down to 80.3% as of this past week, according to the American Iron and Steel Institute (AISI). The year-to-date capacity utilization rate this year has reached as high as 81.9% (back […]
British Steel Moves Toward Takeover by China’s Jingye
When it comes to the bidding for British Steel, it’s now out with the Turks and in with the Chinese. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook It is all change at the sales counter in the process of hawking British Steel to the highest — or any — […]
This Morning in Metals: China Renews Call for Removal of Tariffs
This morning in metals news, China again emphasized its desire for a removal of tariffs toward the goal of an initial trade deal with the U.S., U.S. Steel has laid off more workers and a Taiwanese firm is planning to invest $100 million in a new Turkish steel factory. Keep up to date on everything […]
Aluminum, Steel Demand Weakens in Northern Europe
The normally pragmatic Netherlands has been strangely agitated recently, as both the construction and agricultural industry have protested on the streets of the capital, the Hague, against the government’s measures for combating nitrogen and PFAS-based pollution. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In itself this would barely be […]
Raw Steels MMI: Global Steel Prices Fail to Gain Traction
The Raw Steels Monthly Metals Index (MMI) showed mixed price movements in October, with declines outweighing increases for a one-point index drop to 66. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. steel prices continued to weaken during October, possibly reaching a new bottom. Prices appeared to bottom out […]
