This morning in metals news, Japan is calling for the U.S. to ditch its recently imposed Section 232 aluminum tariff, U.S. steel exports were up 13% last year and Texas Gov. Greg Abbott announced a $500 million investment from JSW Steel for its facility in Baytown, Texas. Need buying strategies for steel? Try two free […]
Tag: Steel
This Morning in Metals: E.U. Wants Permanent Exemptions From Section 232 Tariffs
This morning in metals news, the E.U. is looking to make its exemption from the U.S.’s Section 232 steel and aluminum tariffs permanent, reports indicate Tata Steel’s bid for Bhushan Steel could be as much as $5.3 billion, and China announced plans to impose tariffs on a number of U.S. goods in response to President […]
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 […]
U.S. in Talks with Countries Regarding Potential Tariffs Exemptions
U.S. Trade Representative (USTR) Robert Lighthizer, speaking before the House Ways and Means Committee Wednesday morning, addressed a wide range of issues regarding the Trump administration’s trade policy agenda, including steel and aluminum tariffs exemption negotiations with a number of countries. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook In the […]
This Morning in Metals: Tariffs Exemption Talks Continue
This morning in metals news, the U.S. is in talks with several nations regarding possible exemptions from its steel and aluminum tariffs, Shanghai copper hits a six-month low Wednesday and the U.S. drops a bargaining point in the ongoing North American Free Trade Agreement (NAFTA) renegotiation talks. Need buying strategies for steel? Try two free […]
This Morning in Metals: DOC Announces Exclusion Process for New Tariffs
This morning in metals news, the U.S. Department of Commerce announced its tariff exclusion process for steel and aluminum, world leaders announce the intention to work together on steel overcapacity, and bank accounts have been seized in connection to a corruption probe involving Rio Tinto’s Mongolia mine. Need buying strategies for steel? Try two free months […]
This Morning in Metals: Canadian Steel Industry Can Breath ‘Sigh of Relief’
This morning in metals news, Canadian Prime Minister Justin Trudeau says the Canadian steel industry can breath a sigh of relief after obtaining an exemption from the U.S.’s recently announced 25% steel tariff, the tariffs throw a wrench into India’s export plans and Reuters’ Andy Home opines on the way forward for the aluminum market […]
This Morning in Metals: Steel, Aluminum Tariffs Could Lead to NAFTA Departure
This morning in metals news, Goldman Sachs’ chief economist said the if the U.S. imposes steel and aluminum tariffs, the decision could preceded an exit from the North American Free Trade Agreement (NAFTA); the president’s trade adviser said exceptions in the proposed new tariffs are unlikely and LME copper holds above its two-week low. Section […]
How Has the Rest of the World Reacted to Trump’s Section 232 Announcement?
President Trump’s announcement that the U.S. intends to impose 25% import tariffs on steel and 10% import tariffs on aluminum following the Departments of Commerce’s section 232 review has been met with mixed reactions. Section 232 buying strategies – grab a copy of MetalMiner’s Section 232 Investigation Impact Report today! Steel and aluminum producers in […]
Trump Says Administration Will Implement Steel, Aluminum Tariffs Next Week
After a hectic morning during which it seemed like a Section 232 announcement from President Trump was coming, before it then it seemed like it would be postponed, an announcement did finally come. Section 232 buying strategies – download MetalMiner’s Section 232 Investigation Impact Report today! CNN reported earlier today that Trump said his administration […]
