This morning in metals news, Sanjeev Gupta reopened his GFG Industrial Group’s steelworks in South Carolina in an effort to beat the U.S. steel tariff, the steel tariff could lead to the loss of jobs at a Missouri nail production plant and Harley-Davidson feels the sting of the E.U.’s counter-tariffs. Need buying strategies for steel? […]
Tag: Steel
Commerce Secretary Ross Testifies on Trade Actions Before Senate Finance Committee
Rising trade tensions are all the talk these days, stemming from an increasingly complicated web of tariffs, counter-tariffs and World Trade Organization (WTO) disputes, not to mention the ongoing talks surrounding renegotiation of the 24-year-old North American Free Trade Agreement (NAFTA). Need buying strategies for steel? Try two free months of MetalMiner’s Outlook On Wednesday, […]
This Morning in Metals: JSW Steel USA Announces 1,000 New Jobs
This morning in metals news, JSW Steel USA announces it will add 1,000 jobs, India announces retaliatory tariffs in response to the U.S. steel tariff and aluminum tariffs, and the copper price fell for a second straight week. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook JSW Announces New Jobs JSW […]
E.U. Responds to U.S. Tariffs With Duties on Products Worth €2.8B
The European Union announced Wednesday that it will impose duties on a list of U.S. products, worth approximately €2.8 billion, in response to the U.S.’s steel and aluminum tariffs. The 25% duty will go into effect Friday, June 22. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The U.S.’s 25% duty on […]
This Morning in Metals: U.S. Announces Steel Tariff Product Exclusions
This morning in metals news, the U.S. released the first round of exclusion request responses vis-a-vis the Section 232 steel tariff, copper bounces back and ThyssenKrupp looks to form a joint venture in China. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Exclusion Time The U.S. Department of Commerce announced Wednesday […]
Canadian Chambers of Commerce Express Support for Government Response to U.S. Trade Actions
In a letter dated June 18 to Canadian Prime Minister Justin Trudeau, Canadian Chamber of Commerce CEO and President Perrin Beatty — along with nine heads of provincial Chambers of Commerce — wrote to express “support for the government’s efforts to defend Canadian interests in the face of unprecedented trade actions by the United States […]
Norway Requests Consultations With U.S. on Steel, Aluminum Tariffs
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 […]
This Morning in Metals: Energy Companies Seek Steel Tariff Exemptions
This morning in metals news, energy companies are lobbying for exemptions from the U.S. steel tariff, U.S. steel exports dropped in April compared with the previous month, and steel and iron ore prices fell by the greatest amount since March. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Asking for Exemptions […]
EUROFER President Talks Section 232 Tariffs at European Steel Day
Trade relations between the U.S. and the European Union are in a tough spot these days, as the U.S. imposed its Section 232 steel and aluminum tariffs on the 28-member bloc (plus Canada and Mexico) recently, a decision yielding much consternation from the U.S.’s trading partners. Need buying strategies for steel? Try two free months […]
This Morning in Metals: China’s Aluminum, Steel Exports Surge in May
This morning in metal news, steel and aluminum exports from China were up in May; the National Retail Federation CEO panned the U.S.’s tariffs; and a White House economic analysis reportedly concludes President Trump’s tariffs will hurt economic growth. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Exports on the Rise […]
