This morning in metals news, the U.S. and China trade tariff jabs, the steel import market share numbers for June are in and thyssenkrupp CEO Heinrich Hiesinger offers his resignation just days after the German firm’s finalization of a merger deal with Tata Steel. Need buying strategies for steel? Try two free months of MetalMiner’s […]
Tag: tariffs
This Morning in Metals: E.U. Approves Provisional Measures to Limit Steel Imports
This morning in metals news, E.U. states have thrown their support behind measures to curb steel imports, Indian steel demand could double by 2025, and copper and zinc prices continue to drop. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook E.U. Backs Steel Import Curbing Measures E.U. states voted to approve […]
Trade Tariffs Will Adversely Impact the Automotive Sector
There will be significant winners and losers to the current U.S.-E.U. trade war, but none more so than in the automotive sector. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Size matters when it comes to reshuffling production among plants to avoid import tariffs. According to the Financial Times, larger companies […]
This Morning in Metals: thyssenkrupp CEO Says Europe Must Protect Steel Industry From China
This morning in metals news, thyssenkrupp CEO Heinrich Hiesinger said European lawmakers need to protect the steel industry from China, copper plummets to a seven-month low and President Donald Trump responded to a European threat of retaliatory tariffs (in response to potential U.S. tariffs on auto imports). Need buying strategies for steel? Try two free […]
GM Says Section 232 Auto Tariffs Would Harm Its Competitiveness
The Trump administration’s Department of Commerce announced in May that it would be using Section 232 once again, this time to investigate imports of automobiles and automotive components. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Secretary of Commerce Wilbur Ross testified before the Senate Finance Committee on June 20, a […]
Automakers Go on the Offensive Over Potential Tariffs
The president’s assertion that trade wars are easy to win is — at this stage, at least — looking a little less certain than it was at the outset. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Not surprisingly, exporters to the U.S. impacted by actual and proposed import tariffs are […]
This Morning in Metals: Canada Mulls Blanket Steel Tariff
This morning in metals news, Canada could respond to the U.S. steel tariff with a broad global tariff of its own, the governor of Texas says the metals tariffs could harm the oil and gas sectors, and India could be the recipient of a flood of redirected Chinese steel. Need buying strategies for steel? Try […]
Harley-Davidson Plans to Move Production Overseas in Latest Chapter of Trade Saga
President Donald Trump will not be the first commander-in-chief to find that waging wars on multiple fronts is a strategy with significant drawbacks. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Taking on America’s NAFTA partners, Canada and Mexico, at the same time as the European Union is encouraging multiple retaliatory […]
This Morning in Metals: Lighthizer Criticizes ‘Hypocrisy’ of Global Trading System
This morning in metals news, U.S. Trade Representative Robert Lighthizer lashed out at the E.U.’s retaliatory tariffs, the Section 232 exclusion request process has allowed for some commercial gamesmanship and automakers warns against potential tariffs on imports of foreign cars. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Lighthizer Tut-Tuts E.U. […]
This Morning in Metals News: Miners Call for Lifting of Philippines Ban
This morning in metals news, miners in the Philippines are calling for an end to the country’s ban on new large-scale projects, President Donald Trump tweeted his administration is finishing a study regarding potential tariffs on imported cars, and Russia’s prime minister called for retaliation against the U.S.’s steel and aluminum tariffs. Need buying strategies […]
