This morning in metals news, President Donald Trump threatened to raise tariffs on China if a deal isn’t reached, Norsk Hydro has closed its fabrication business unit in Drunen, Netherlands, and the European Steel Association (EUROFER) called for reinforcement of the E.U.’s steel safeguards. Keep up to date on everything going on in the world […]
Tag: U.S.-China trade talks
This Morning in Metals: China Renews Call for Removal of Tariffs
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 […]
This Morning in Metals: Tariff Rollback Could Come if U.S., China Reach First-Phase Deal
This morning in metals news, tensions could ease between the U.S. and China on the tariff front, ArcelorMittal reported its third-quarter financial results and copper prices made gains this week. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. U.S., China Could Roll Back […]
This Morning in Metals: U.S., China Work Toward Partial Trade Deal
This morning in metals news, the U.S. and China are working toward a partial trade deal, the largest copper mine in Ecuador has curbed operations amid protests and China’s copper imports hit an eight-month high. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. […]
This Morning in Metals: U.S. Steel Announces New CFO, Corporate Model
This morning in metals news, it was a busy week for U.S. Steel, copper hit a two-week high and miner Rio Tinto signed its first portside iron ore contract in Chinese currency. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. U.S. Steel Looks […]
This Morning in Metals: China Reportedly Pushes for Partial Trade Deal with U.S.
This morning in metals news, China could be pushing for a partial trade deal with the U.S., the Trump administration criticized the Louisiana governor over his characterization of the reasons for Bayou Steel Group’s closure and copper ticked up Wednesday. Keep up to date on everything going on in the world of trade and tariffs […]
This Morning in Metals: UAW Members Ratify Labor Deal for AK Steel’s Coshocton Works
This morning in metals news, members of the United Automobile Workers (UAW) union approved a new labor deal at AK Steel’s Coshocton works, the International Aluminum Institute recently released aluminum production totals for August, and the U.S. and China held deputy-level trade talks late last week. Keep up to date on everything going on in […]
This Morning in Metals: U.S. Steel Shares Down on Third Quarter Guidance
This morning in metals news, U.S. Steel shares are down over 10% this morning, U.S.-China trade talks resume and the Federal Reserve decided to cut its benchmark interest rate again yesterday. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Steel Shares Down on Earnings Guidance U.S. Steel announced it […]
This Morning in Metals: China Exempts U.S. Soybeans, Pork from Tariffs
This morning in metals news, China spared U.S. soybeans and pork imports from tariffs, copper prices gained on the current tenor of trade news and Chinese iron ore rose to a five-week high. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook China Exempts Pork, Soybeans from Tariffs China announced it […]
This Morning in Metals: U.S. Steel Capacity Utilization Rate Falls to 80.8%
This morning in metals news, the U.S. steel industry’s steel capacity utilization rate for the year through Aug. 31 fell to 80.8%, copper bounced back from a two-year low and China’s vice premier made a call for a “deeper mutual understanding” between the U.S. and China. Need buying strategies for steel? Request your two-month free […]