Tata Group in negotiations with U.K. over possible state bailout

Despite talks of negotiations over a potential Tata Group bailout in the U.K., the Indian firm has proved itself a generally good steward of the businesses it has purchased in the U.K. over the years. In hindsight, its purchase of Jaguar Land Rover fro…

Despite talks of negotiations over a potential Tata Group bailout in the U.K., the Indian firm has proved itself a generally good steward of the businesses it has purchased in the U.K. over the years. In hindsight, its purchase of Jaguar Land Rover from Ford for U.S. $2.3 billion in June 2008 was a steal....

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This Morning in Metals: Supreme Court rejects Section 232 challenge

This morning in metals news, the U.S. Supreme Court has rejected a challenge to the Trump administration’s Section 232 tariffs on steel, British MPs are calling for government assistance for the British steel industry and ArcelorMittal is reportedly considering the sale of some of its Canadian iron ore assets. Supreme Court rejects challenge to Section…

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This morning in metals news, the U.S. Supreme Court has rejected a challenge to the Trump administration’s Section 232 tariffs on steel, British MPs are calling for government assistance for the British steel industry and ArcelorMittal is reportedly considering the sale of some of its Canadian iron ore assets. Supreme Court rejects challenge to Section...

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This Morning in Metals: Aluminum Association files antidumping, countervailing duty petitions

This morning in metals news, the Aluminum Association filed antidumping and countervailing duty petitions alleging imports of aluminum sheet from 18 countries are harming the U.S. industry, the British Steel takeover is set to be completed today, and t…

This morning in metals news, the Aluminum Association filed antidumping and countervailing duty petitions alleging imports of aluminum sheet from 18 countries are harming the U.S. industry, the British Steel takeover is set to be completed today, and the issue of steel and aluminum tariffs on Brazil remains up in the air. Looking for metal...

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This Morning in Metals: Steel import permit applications drop 47.5% in February

This morning in metals news, steel import permit applications plunged in February, buyers are lining up to buy British Steel’s plant in France and Vietnam is ramping up purchases of U.S. agricultural goods in the hopes of avoiding tariffs. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights…

The post This Morning in Metals: Steel import permit applications drop 47.5% in February appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This morning in metals news, steel import permit applications plunged in February, buyers are lining up to buy British Steel’s plant in France and Vietnam is ramping up purchases of U.S. agricultural goods in the hopes of avoiding tariffs. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights...

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British Steel to live on, with or without the French

After 10 months of many false starts and tens of millions of pounds of taxpayers’ money pumped into the company to keep it going, the purchase of British Steel’s U.K. assets at least appears on the verge of completion next week. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s monthly metal buying…

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After 10 months of many false starts and tens of millions of pounds of taxpayers’ money pumped into the company to keep it going, the purchase of British Steel’s U.K. assets at least appears on the verge of completion next week. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s monthly metal buying...

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This Morning in Metals: U.S. steel capacity utilization rate hits 81.8%

This morning in metals news, the U.S steel sector posted a capacity utilization rate of 81.8% through the first two months of the year, a major copper conference has been canceled amid coronavirus concerns and a British Steel takeover deal has finally …

This morning in metals news, the U.S steel sector posted a capacity utilization rate of 81.8% through the first two months of the year, a major copper conference has been canceled amid coronavirus concerns and a British Steel takeover deal has finally been reached. Looking for metal price forecasting and data analysis in one easy-to-use...

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This Morning in Metals: Jingye Group pitches French government on British Steel deal

This morning in metals news, China’s Jingye Group has reportedly written to the French government in an effort to keep its takeover of the insolvent British Steel afloat, Liberty Steel faces challenges at its South Carolina mill and iron ore prices continue to surge. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s…

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This morning in metals news, China’s Jingye Group has reportedly written to the French government in an effort to keep its takeover of the insolvent British Steel afloat, Liberty Steel faces challenges at its South Carolina mill and iron ore prices continue to surge. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s...

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Week in Review: Copper prices; British Steel roadblock; U.S. auto sales

Before we head into the weekend, let’s take a look at the week that was and some of the metals storylines here on MetalMiner, including coverage of: copper prices and the coronavirus’ impact; European steel consumption; Jingye’s British Steel takeover bid; U.S. steel production; automotive sales and more. Improve metal purchase timing and mitigate price…

The post Week in Review: Copper prices; British Steel roadblock; U.S. auto sales appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Before we head into the weekend, let’s take a look at the week that was and some of the metals storylines here on MetalMiner, including coverage of: copper prices and the coronavirus’ impact; European steel consumption; Jingye’s British Steel takeover bid; U.S. steel production; automotive sales and more. Improve metal purchase timing and mitigate price...

The post Week in Review: Copper prices; British Steel roadblock; U.S. auto sales appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

British Steel sale hits yet another bump in the road from French objections

In October last year, the British government thought it had found a savior for the loss-making British Steel that would in the process save some 5,000 jobs. Request a 30-minute demo of the MetalMiner Insights platform now. Chinese conglomerate Jingye Group agreed to buy British Steel in a £50 million rescue deal and promised a…

The post British Steel sale hits yet another bump in the road from French objections appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

In October last year, the British government thought it had found a savior for the loss-making British Steel that would in the process save some 5,000 jobs. Request a 30-minute demo of the MetalMiner Insights platform now. Chinese conglomerate Jingye Group agreed to buy British Steel in a £50 million rescue deal and promised a...

The post British Steel sale hits yet another bump in the road from French objections appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: E.U. eyes potential tariffs on stainless steel from China, Taiwan, Indonesia

This morning in metals news, the European Union has registered flat-rolled stainless steel imports from a trio of Asian countries in what could be a prelude to tariffs, China’s Jingye Group plans to cut 500 jobs as part of its British Steel takeover and manufacturers look to adapt to business conditions in the years ahead….

The post This Morning in Metals: E.U. eyes potential tariffs on stainless steel from China, Taiwan, Indonesia appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This morning in metals news, the European Union has registered flat-rolled stainless steel imports from a trio of Asian countries in what could be a prelude to tariffs, China’s Jingye Group plans to cut 500 jobs as part of its British Steel takeover and manufacturers look to adapt to business conditions in the years ahead....

The post This Morning in Metals: E.U. eyes potential tariffs on stainless steel from China, Taiwan, Indonesia appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.