The new year for India started on a positive note where trade with the United States is concerned. On Jan. 7, U.S. President Donald Trump called up his Indian counterpart, Prime Minister Narendra Modi to discuss, among other things, reducing the trade shortfall — a move that seems to have gone down well in Indian […]
Tag: Steel
This Morning in Metals: U.S. Steel Mills’ November Shipments Up 5.6% Year Over Year
This morning in metals news, U.S. steel shipments in November surged on a year-over-year basis, the next chief of Nippon Steel and Sumitomo Metals Corp. hopes to make the company the world’s No. 1 producer and U.S.-China trade talks could formally continue later this month. Need buying strategies for steel? Request your two-month free trial […]
This Morning in Metals: U.K. Steel Exports to U.S. Down 20% Since Tariff
This morning in metals news, the U.K.’s steel export levels to the U.S. have come down this year, China’s steel output surged through the first 11 months of the year and 2018 proved to be a down year for a number of commodities, including copper. Need buying strategies for steel? Request your two-month free trial […]
This Morning in Metals: Chinese Steel Prices Continue to Slide
This morning in metals news, prices of Chinese steel and steelmaking ingredients were down Friday, India is in talks with the U.S. over a steel tariff exemption and Japanese crude steel output might be decline in the first quarter of 2019. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Chinese […]
Best of 2018: Top Steel Posts of the Year, From Section 232 to Stainless Surcharges
It was yet another busy year in the world of steel news. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The main pillar of that news was the Trump administration’s imposition of a 25% tariff on imported steel. That saga, of course, is ongoing. A select few countries have won […]
This Morning in Metals: Iron Ore Prices Surge
This morning in metals news, iron ore prices are up, a Kentucky company announces an expansion, and Canada will expand its targeted tariff relief as part of its ongoing efforts to tackle the U.S.’s Section 232 steel and aluminum tariffs. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Iron Ore […]
November Global Crude Steel Production Up 5.8% Year Over Year
Global crude steel production in November jumped 5.8% year over year, the World Steel Association reported today. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Production from the 64 countries reporting to the World Steel Association hit 148.6 million tons (MT) in November, continuing an upward production growth trend that […]
This Morning in Metals: U.S. to Lift Sanctions on Russian Oligarch Deripaska’s Companies
This morning in metals news, the U.S. Treasury Wednesday announced it will lift its sanctions against companies owned by Russian oligarch Oleg Deripaska (which includes aluminum giant United Company Rusal), Chinese steel prices hit a five-week high and Alcoa cuts aluminum production amid a labor dispute at its Becancour smelter in Quebec. Need buying strategies […]
This Morning in Metals: E.U. Extends Steel Investigation
This morning in metals news, the European Commission has extended its probe of steel imports, steel production in the Great Lakes region of the U.S. ticked up last week and Chinese aluminum companies will reportedly come together to discuss falling aluminum prices. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
This Morning in Metals: Tokyo Steel to Hold Prices Steady in January
This morning in metals news, Tokyo Steel says it will hold steel prices steady in January, base metals prices fell Monday and Australian miner Fortescue announces its mid-grade iron ore production expectations for 2019. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Steady Steel Prices for Tokyo Steel After prices […]