This morning in metals news, several countries received good news ahead of the midnight deadline for the expiration of Section 232 tariff exemptions, Canada argues the steel tariff would hurt American jobs and LME copper falls to a three-week low. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Countries Breathe a […]
Tag: tariffs
This Morning in Metals: Germany Prepares for U.S. Steel Tariff as Clock Ticks on Exemption
This morning in metals news, Germany is getting ready to face the 25% U.S. steel tariff when the current temporary exemption for the E.U. expires early next week, Canada’s foreign minister says NAFTA negotiators have made progress on automotive rules and the E.U. is keeping a close eye on aluminum imports in the post-Section 232 […]
This Morning in Metals: Alcoa Shares Jump 4%, Companies Seek Waivers from Section 232 Tariffs
This morning in metals news, there has been a flood of applications from U.S. companies for exemptions from the Section 232 tariffs. Nickel prices reached a three-year high, stoked by fears of more sanctions, and Alcoa shares jumped in after-hours trade following rosy Q1 results. Need buying strategies for steel? Try two free months of […]
This Morning in Metals: Aluminum Prices Rally, EU Challenges U.S. Section 232 Tariffs
This morning in metals news, aluminum prices have risen to a seven-year-high following the London Metal Exchange’s ban on Rusal metal, the EU pushes back against the U.S.’s steel and aluminum tariffs, and renewable energy takes center stage among major U.S. companies. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook A […]
This Morning in Metals: Rusal Shares Plummet After U.S. Sanctions
This morning in metals news, Rusal saw its stock tumble after being hit with sanctions by the U.S., President Trump criticizes China’s auto tariffs and the U.S. Department of Commerce issued a final affirmative determination in its countervailing duty probe of stainless steel flanges from China. Need buying strategies for steel? Try two free months […]
This Morning in Metals: Japan Continues Efforts to Win Tariffs Exemptions
This morning in metals news, Japan is opting for a “low-key” approach in its efforts to win Section 232 tariff exemptions, Ukraine’s steel production dropped 3% in the first quarter and Turkey sent a letter to the U.S. lobbying for tariff exemptions of its own. Need buying strategies for steel? Try two free months of […]
This Morning in Metals: USTR Publishes Section 301 List of Chinese Products
This morning in metals news, the Office of the United States Trade Representative (USTR) releases the list of Chinese products that could be hit with tariffs (stemming from the Section 301 probe), China responds with a tariff announcement of its own and copper drops in line with escalating trade tensions. Need buying strategies for steel? Try […]
This Morning in Metals: China Responds With $3B in Tariffs on U.S. Goods
This morning in metals news, China responds to the U.S.’s Section 232 tariffs with $3 billion in tariffs on U.S. goods, several firms put in new bids for the distressed Essar Steel, and President Donald Trump and Japanese Prime Minister Shinzo Abe will meet this month to discuss trade. Need buying strategies for steel? Try […]
This Morning in Metals: India Asks for Exemption from U.S.’s Steel, Aluminum Tariffs
This morning in metals news, India wants to get a waiver from the U.S.’s Section 232 tariffs on steel and aluminum, uncertainty for craft beverage makers, and the U.S. Trade Representative said he is hopeful a new North American Free Trade Agreement (NAFTA) deal can be reached soon. Need buying strategies for steel? Try two […]
This Morning in Metals: Aluminum, Steel Go at it in Drive for EV Market Share
This morning in metals news, aluminum and steel compete in the electric vehicle (EV) market, copper stocks on the Shanghai Futures Exchange are surging and the list of Chinese products that could be subject to tariffs might include aerospace components. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Aluminum vs. Steel […]
