Amid rising metals export profile, could India be the next China?

No, we don’t mean that much-vaunted but still distant dream of India becoming a second China economically — the disparity expands rather than contracts with time — but rather could India become a pariah state after China in terms of feeling the pain of anti-dumping duties, quotas, and tariffs (particularly with respect to Indian metal…

The post Amid rising metals export profile, could India be the next China? appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

No, we don’t mean that much-vaunted but still distant dream of India becoming a second China economically — the disparity expands rather than contracts with time — but rather could India become a pariah state after China in terms of feeling the pain of anti-dumping duties, quotas, and tariffs (particularly with respect to Indian metal...

The post Amid rising metals export profile, could India be the next China? appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

The case for globalization is on shakier ground

The widely, if not universally, held belief that globalization is a win-win panacea for growth has never looked shakier. While President Donald Trump has led the charge on calling out the failings of unfettered engagement with China and all that entail…

The widely, if not universally, held belief that globalization is a win-win panacea for growth has never looked shakier. While President Donald Trump has led the charge on calling out the failings of unfettered engagement with China and all that entails in terms of loss of manufacturing capability and sharing of hard-won technology, he is...

The post The case for globalization is on shakier ground appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: U.S. Steel’s Q3 guidance features $100M loss

This morning in metals news: U.S. Steel’s Q3 guidance included a $100 million loss despite improving conditions; the United States International Trade Commission (USITC) made a sunset review determination related to kitchen appliance shelving and racks; and a subsidiary of Norsk Hydro entered into a contract with Spanish aluminum company Alu Iberica. We’re offering timely…

The post This Morning in Metals: U.S. Steel’s Q3 guidance features $100M loss appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This morning in metals news: U.S. Steel’s Q3 guidance included a $100 million loss despite improving conditions; the United States International Trade Commission (USITC) made a sunset review determination related to kitchen appliance shelving and racks; and a subsidiary of Norsk Hydro entered into a contract with Spanish aluminum company Alu Iberica. We’re offering timely...

The post This Morning in Metals: U.S. Steel’s Q3 guidance features $100M loss appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: U.S. steel capacity utilization rate rises to 65.1%

This morning in metals news: U.S. steel capacity utilization reached 65.1% for the week ending Sept. 12, the World Trade Organization released a report covering the U.S.’s Section 301 tariffs on Chinese goods; and the copper price approached a two-year high. Does your company have an aluminum buying strategy based on current steel price trends?…

The post This Morning in Metals: U.S. steel capacity utilization rate rises to 65.1% appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This morning in metals news: U.S. steel capacity utilization reached 65.1% for the week ending Sept. 12, the World Trade Organization released a report covering the U.S.’s Section 301 tariffs on Chinese goods; and the copper price approached a two-year high. Does your company have an aluminum buying strategy based on current steel price trends?...

The post This Morning in Metals: U.S. steel capacity utilization rate rises to 65.1% appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Week in Review: China automotive sales; steel capacity utilization; steel scrap prices

Before we head into the long Labor Day weekend, let’s take a look back at the week that was in the world of metals. Automakers released August sales reports, mostly showing sales remain down compared with 2019 levels. Meanwhile, for the week ending Aug. 29, U.S. steel mills’ capacity utilization fell compared with the previous…

The post Week in Review: China automotive sales; steel capacity utilization; steel scrap prices appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Before we head into the long Labor Day weekend, let’s take a look back at the week that was in the world of metals. Automakers released August sales reports, mostly showing sales remain down compared with 2019 levels. Meanwhile, for the week ending Aug. 29, U.S. steel mills’ capacity utilization fell compared with the previous...

The post Week in Review: China automotive sales; steel capacity utilization; steel scrap prices appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: SHFE copper heads for fifth consecutive monthly rise

This morning in metals news: copper on the SHFE is headed for its fifth straight month of price increases; a Swedish joint venture is ramping up its efforts toward producing fossil-fuel-free steel; and Mexico is instituting a new export pre-approval pr…

This morning in metals news: copper on the SHFE is headed for its fifth straight month of price increases; a Swedish joint venture is ramping up its efforts toward producing fossil-fuel-free steel; and Mexico is instituting a new export pre-approval process to avoid reimposition of steel tariffs by U.S. President Donald Trump. Do you know...

The post This Morning in Metals: SHFE copper heads for fifth consecutive monthly rise appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: China picks up steel buying from India

This morning in metals news: China’s steel purchases from neighbor India have jumped this year; Japan’s Nippon Steel is wary of China’s steel dominance; and the U.S. trade deficit in goods increased in July. You want more MetalMiner on your terms. Choose how often you hear from us – weekly, monthly, or quarterly – by…

The post This Morning in Metals: China picks up steel buying from India appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This morning in metals news: China’s steel purchases from neighbor India have jumped this year; Japan’s Nippon Steel is wary of China’s steel dominance; and the U.S. trade deficit in goods increased in July. You want more MetalMiner on your terms. Choose how often you hear from us – weekly, monthly, or quarterly – by...

The post This Morning in Metals: China picks up steel buying from India appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: Liberty Steel to acquire French steel assets

This morning in metals news: Liberty Steel Group announced it plans to acquire several French steel assets; the nationwide aluminum can shortage is impacting brewers; and the United States Trade Representative (USTR) last week announced changes to its …

This morning in metals news: Liberty Steel Group announced it plans to acquire several French steel assets; the nationwide aluminum can shortage is impacting brewers; and the United States Trade Representative (USTR) last week announced changes to its $7.5 billion tariff package on European goods. Stay up to date on MetalMiner with weekly, monthly, or...

The post This Morning in Metals: Liberty Steel to acquire French steel assets appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: USITC requests $2.75M to assist in USMCA implementation

This morning in metals news: the United States International Trade Commission asked for an additional $2.75 million in its budget to help it toward implementation of the United States-Mexico-Canada Agreement (USMCA); the World Gold Council released its…

This morning in metals news: the United States International Trade Commission asked for an additional $2.75 million in its budget to help it toward implementation of the United States-Mexico-Canada Agreement (USMCA); the World Gold Council released its H1 2020 report; and U.S. beverage makers are grappling with an aluminum can shortage. USITC requests additional funding...

The post This Morning in Metals: USITC requests $2.75M to assist in USMCA implementation appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: CIT rules on U.S. doubling of Section 232 steel tariffs on imports from Turkey

This morning in metals news: the U.S. Court of International Trade ruled the U.S.’s doubling of Section 232 steel tariffs for imports from Turkey in 2018 violated the Fifth Amendment’s Equal Protection guarantees; Western Copper and Gold announced an increase in its mineral reserves; and Alcoa released its second-quarter earnings results. Are you prepared for…

The post This Morning in Metals: CIT rules on U.S. doubling of Section 232 steel tariffs on imports from Turkey appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This morning in metals news: the U.S. Court of International Trade ruled the U.S.’s doubling of Section 232 steel tariffs for imports from Turkey in 2018 violated the Fifth Amendment’s Equal Protection guarantees; Western Copper and Gold announced an increase in its mineral reserves; and Alcoa released its second-quarter earnings results. Are you prepared for...

The post This Morning in Metals: CIT rules on U.S. doubling of Section 232 steel tariffs on imports from Turkey appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.