This morning in metals news, Norsk Hydro unveiled its Q4 and full-year 2019 financial results, Nippon Steel projected a net loss of $4 billion for the recent fiscal year, and President Donald Trump’s new tariffs on steel and aluminum derivatives took effect over the weekend. Metal prices fluctuate. Key is knowing when and how much […]
Tag: tariffs
This Morning in Metals: China to halve tariffs on some U.S. products
This morning in metals news, China will slash tariffs it had imposed on a number of U.S. imports, copper’s slide continues and stainless steel manufacturer Outokumpu reported a stainless steel deliveries last year. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s monthly metal buying outlook
Week in Review: Aluminum prices; Trump signs USMCA; Brexit hour is near
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner, including coverage of: aluminum production and prices; Trump’s tariffs on aluminum and steel derivatives; the coronavirus’ potential impact on iron ore; General Motors’ electrification drive; and the arrival of Brexit. […]
Trump expands Section 232 tariffs on steel, aluminum derivatives
Late Friday, the Trump administration announced it would raise the Section 232 steel and aluminum tariffs, originally imposed in 2018, on imports of steel and aluminum derivatives. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! “The Secretary has informed me that domestic steel producers’ capacity utilization […]
This Morning in Metals: Copper prices slide amid coronavirus fears
This morning in metals news, copper prices have been sliding amid growing fears over the spread of the coronavirus in China, laminated steel manufactured by Tata Steel in the Netherlands has been exempted from U.S. tariffs and China’s Jingye is reportedly considering building a new metals recycling furnace in the U.K. Looking for metal price […]
This Morning in Metals: Tensions rise as Trump threatens E.U. with auto tariffs
This morning in metals news, U.S.-E.U. trade tensions are again at the forefront with President Donald Trump’s recent threats at the World Economic Forum in Davos, a Chinese firm has purchased British steel trader Stemcor and Brazil’s Vale is off to a slow start this year. Looking for metal price forecasting and data analysis in […]
National Bureau of Economic Research: U.S. importers, consumers foot the bill for U.S. tariffs
Tariffs imposed under the Trump administration on steel and aluminum in 2018 represented a major shift in trade between the U.S. and the rest of the world, with impacts on imports and exports of metal at the forefront. Meanwhile, although the U.S. and China recently reached a Phase One trade deal that saw the U.S. […]
IMF revises global growth projections downward for 2019-2021
Despite noting some positive developments, the International Monetary Fund (IMF), downgraded its growth projections for 2019-2021, citing a number of pressures ranging from climate change to geopolitical tensions to extant trade tensions. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! In its January 2020 World Economic […]
Q&A: Raistone Capital on Section 301 tariffs, refund process
Editor’s Note: MetalMiner has recently partnered with Raistone Capital to help manufacturing organizations claim and quickly obtain access to cash refunds for Section 301 tariffs paid on products that are on the exclusion list. Tariff refunds help buying organizations add actual dollars to their bottom line. Tariff exclusions are published in the Federal Register (there […]
Monday deadline looms for comments on E.U. copper products facing 100% tariff rate
Following from the long-running case recently won by the U.S. over whether the European Union (E.U.) provided Airbus with subsidies, on Dec. 2 the World Trade Organization (WTO) rejected the E.U.’s claim that subsidies were no longer provided to Airbus. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner […]
