This morning in metals news: new E.U. duties on iron and steel imports from Turkey take effect today; meanwhile, the Aluminum Association commented on President-elect Joe Biden’s nomination for the post of secretary of commerce; and natural gas prices fell to their lowest levels in decades last year. Cut-to-length adders. Width and gauge adders. Coatings. […]
While Turkey’s finished steel products enjoy local demand, lower costs and the country’s location between Europe and Asia have also made steel exports from there attractive, market watchers told MetalMiner. Turkey’s trade in steel exports came to 9.4 million mt in the first seven months of 2020. The total is down 12.1% year over year […]
This morning in metals news, the E.U. could slap new duties on steel imported from Turkey, Australian energy exports to China have surged and union representatives questioned Alcoa’s efforts to keep its Ferndale, Washington smelter running.
This morning in metals news, U.S. imports of steel rebar from Turkey surged during the first quarter of this year, the coronavirus outbreak is impacting the stainless steel market and investors are bullish about the long-term prospects of Brazilian miner Vale. – Get metal buying strategies and price alerts for 10 industrial metals. Request an […]
This morning in metals news, Turkey has objected to the E.U.’s steel safeguards at the World Trade Organization (WTO) level, copper prices continue to plummet and Chinese iron ore prices took heavy losses Monday. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Steel rebar is a crucial material for its use in construction, which is often cited in surveys of general economic health and activity. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial. For instance, U.S. construction spending in December reached a seasonally adjusted annual rate […]
This morning in metals news, China again emphasized its desire for a removal of tariffs toward the goal of an initial trade deal with the U.S., U.S. Steel has laid off more workers and a Taiwanese firm is planning to invest $100 million in a new Turkish steel factory. Keep up to date on everything […]
The British government has ended negotiations with the Turkish company Ataer Holding regarding its bid to buy British Steel, the Steel Times reported. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Ataer owns almost 50% of Erdemir, Turkey’s biggest steel producer, and is also […]
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 […]
This morning in metals news, the U.S. Department of Commerce issued affirmative determinations in its anti-dumping investigation of fabricated structural steel imports, Turkey’s largest industrial group will halt steel production and a U.S. Department of Justice lawsuit poses a roadblock for Novelis‘ bid to buy Aleris. Need buying strategies for steel? Request your two-month free […]