The United States Trade Representative lauded the World Trade Organization’s (WTO) decision on U.S. countertariffs against the E.U., a Chinese steelmaker could enter the mix in bidding for British Steel and the WTO put out less than optimistic figures with respect to global growth levels in 2019 and 2020. Keep up to date on everything […]
Tag: tariffs
Chinese Currency Devaluation Helps Reverse the U.S.-Chinese Steel Price Spread
The primary reason to pay attention to Chinese steel prices pertains to the country’s price leadership in the global marketplace. However, since currency dynamics shifted recently, now is a good time to take a more tactical look at the U.S.-China steel price spread. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]
This Morning in Metals: E.U. Trade Commissioner Wants Deal on Aircraft Subsidies
This morning in metals news, E.U. Trade Commissioner Cecilia Malmstrom wants the U.S. to hold off on imposing tariffs in response to the long-running Airbus-Boeing subsidy saga, iron ore prices could continue to plunge and copper prices dipped again Tuesday. E.U. Trade Chief Seeks Deal on Aircraft Subsidies Earlier this year, the United States Trade […]
European Commission Proposes Lowering Steel Quota Hike to 3%
Lacking a Trumpian figure in overall charge of such measures, import controls take time to be worked out in Europe, as they require consensus among E.U. members that often have conflicting priorities. One issue they do seem to agree on, though, is the need to protect Europe from rising imports of cheap steel products. Need […]
This Morning in Metals: China Announces Tariff Exemptions for Some U.S. Goods
This morning in metals news, China announced some U.S. goods would be exempted from tariffs, steel production is down in the Great Lakes region and copper falls amid declining Chinese auto sales. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook China Announces Tariff Exemptions The Chinese government announced Wednesday that […]
This Morning in Metals: Chinese Iron Ore Falls to 10-Week Low
This morning in metals news, Chinese iron ore futures fell to their lowest level in 10 weeks, JP Morgan weighed in on the impact of tariffs on U.S. consumers and Tokyo Steel has decided to hold its prices steady for September. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Iron Ore […]
This Morning in Metals: U.S. to Delay Tariffs on Some Consumer Goods from China
This morning in metals news, the United States Trade Representative (USTR) announced the U.S. would delay some of the recently announced tariffs on Chinese goods, what could be the largest copper mine project in North America recently got a key approval from the U.S. Forest Service and a Turkish military pension fund has a £900 […]
Copper MMI: How a Boeing Trade Case Could Cause Global Copper Prices to Skyrocket, Give Wieland Metals a Guaranteed Monopoly
A 15-year trade dispute between Airbus and Boeing could send copper prices skyrocketing, with an even greater impact on U.S. manufacturers than the Section 232 tariffs had on steel and aluminum. MetalMiner has long covered this current dispute between Airbus and Boeing. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
This Morning in Metals: U.S. Treasury Labels China a Currency Manipulator
This morning in metals news, the American Iron and Steel Institute (AISI) applauded the U.S. Treasury’s designation of China as a currency manipulator, U.S. companies are hoping the Trump administration does not impose tariffs on copper from the E.U. and Novelis announced its quarterly financial results. Need buying strategies for steel? Request your two-month free […]
U.S. Announces Another Round of Tariffs on Chinese Goods
It should come as no surprise that President Trump last week announced the imposition of a 10% tariff on an additional U.S. $300 billion worth of Chinese goods from Sept. 1. The new tariff would come on top of the 25% levy that Trump already imposed on $250 billion worth of Chinese imports — resulting […]
