Numerous companies have expressed concern over the U.S.’s tariffs over the last year and change, in many cases citing the tariffs when referring to gloomy earnings forecasts or workforce reductions. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. From beverage can makers to […]
Tag: tariffs
This Morning in Metals: China Wants Removal of Tariffs for Final Trade Deal
This morning in metals news, China wants the U.S. to remove tariffs before a final trade deal can be reached, U.S. Steel announced it would offer $300 million in senior convertible notes and Alcoa released its third-quarter financial results. Keep up to date on everything going on in the world of trade and tariffs via […]
This Morning in Metals: Steel Capacity Utilization Rate Falls to 80.3%
This morning in metals news, the U.S. steel sector’s capacity utilization rate inched down another tenth of a percentage point, the U.S. raised its steel tariffs on Turkey to 50% and Chinese iron ore futures fell Tuesday. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade […]
Boeing-Airbus WTO Battle Rumbles on as Tensions Rise Between U.S., E.U.
For once, President Donald Trump should be pleased with the World Trade Organization (WTO), a body he has repeatedly criticized and actively worked to undermine by preventing the appointment of new judges to its appeals panel. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource […]
This Morning in Metals: USTR Hails WTO’s Record $7.5B Tariff Ruling
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 […]
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 […]
