This Morning in Metals: U.S. import prices up 0.9% in December

This morning in metals news: U.S. import prices rose in December; the Aluminum Association commented on potential changes to the Section 232 aluminum tariff program; and November steel shipments dropped by 11.9%. U.S. import prices gain by 0.9% in Dece…

This morning in metals news: U.S. import prices rose in December; the Aluminum Association commented on potential changes to the Section 232 aluminum tariff program; and November steel shipments dropped by 11.9%. U.S. import prices gain by 0.9% in December U.S. import prices jumped by 0.9% in December, per the Bureau of Labor Statistics. Furthermore,...

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This Morning in Metals: U.S. Steel to acquire remaining equity of Big River Steel for $774 million

This morning in metals news: U.S. Steel today announced it will acquire the remaining equity of Big River Steel for $774 million; meanwhile, the U.S. steel sector’s capacity utilization rate for the week ended Dec. 5 reached 71.4%; and, finally, the Aluminum Association recently penned a letter to Secretary of Commerce Wilbur Ross criticizing the…

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This morning in metals news: U.S. Steel today announced it will acquire the remaining equity of Big River Steel for $774 million; meanwhile, the U.S. steel sector’s capacity utilization rate for the week ended Dec. 5 reached 71.4%; and, finally, the Aluminum Association recently penned a letter to Secretary of Commerce Wilbur Ross criticizing the...

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U.A.E., Bahrain expected to get Section 232 aluminum tariff exemptions

Just the rumor that producers in the United Arab Emirates and Bahrain could win a Section 232 aluminum tariff exemption was enough to ease prices for U.S. consumers. The Trump administration imposed the 10% tariff under Section 232 back in March 2018. …

Just the rumor that producers in the United Arab Emirates and Bahrain could win a Section 232 aluminum tariff exemption was enough to ease prices for U.S. consumers. The Trump administration imposed the 10% tariff under Section 232 back in March 2018. Now, however, the removal ostensibly comes as a reward for the two Arab...

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Week in Review: Trump targets Canadian aluminum; copper flattens; silver surges

This past week’s metals news covered everything from silver price movements to the copper price rise’s slowdown to the reimposition of tariffs on some Canadian aluminum. We also broke down President Donald Trump’s recent proclamation with respect to reimposing the Section 232 tariff on some Canadian aluminum. MetalMiner’s Stuart Burns delved into the concern expressed…

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This past week’s metals news covered everything from silver price movements to the copper price rise’s slowdown to the reimposition of tariffs on some Canadian aluminum. We also broke down President Donald Trump’s recent proclamation with respect to reimposing the Section 232 tariff on some Canadian aluminum. MetalMiner’s Stuart Burns delved into the concern expressed...

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This Morning in Metals: U.S. steel capacity utilization reaches 60.4%

This morning in metals news: The U.S. steel sector posted another incremental increase in capacity utilization. Meanwhile, the Aluminum Association applauded a Department of Commerce decision regarding subsidies of imported aluminum sheet. Lastly, Alcoa criticized the Trump administration’s decision to reimpose the Section 232 aluminum tariff on imports from Canada. Steel sector capacity utilization rises…

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This morning in metals news: The U.S. steel sector posted another incremental increase in capacity utilization. Meanwhile, the Aluminum Association applauded a Department of Commerce decision regarding subsidies of imported aluminum sheet. Lastly, Alcoa criticized the Trump administration’s decision to reimpose the Section 232 aluminum tariff on imports from Canada. Steel sector capacity utilization rises...

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First, Canadian aluminum … could U.S. target steel next for tariffs?

Following President Donald Trump’s reimposition of 10% import tariffs on Canadian aluminum, the U.S.’s northern neighbor is now sweating the possible reimposition of steel tariffs. The U.S. imposed the Section 232 tariffs in 2018. Eventually, the U.S. lifted them following the successful agreement of the United States-Mexico-Canada Agreement (USMCA). “I hear that they’re going to…

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Following President Donald Trump’s reimposition of 10% import tariffs on Canadian aluminum, the U.S.’s northern neighbor is now sweating the possible reimposition of steel tariffs. The U.S. imposed the Section 232 tariffs in 2018. Eventually, the U.S. lifted them following the successful agreement of the United States-Mexico-Canada Agreement (USMCA). “I hear that they’re going to...

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This Morning in Metals: Trump reimposes 10% tariff on some Canadian aluminum

This morning in metals news: President Donald Trump on Thursday signed a proclamation to reimpose tariffs on some Canadian aluminum; China’s copper imports surged in July; and the Bureau of Labor Statistics released its latest jobs report Friday morning. Trump reinstates 10% tariff on some Canadian aluminum On Thursday, President Donald Trump issued a proclamation…

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This morning in metals news: President Donald Trump on Thursday signed a proclamation to reimpose tariffs on some Canadian aluminum; China’s copper imports surged in July; and the Bureau of Labor Statistics released its latest jobs report Friday morning. Trump reinstates 10% tariff on some Canadian aluminum On Thursday, President Donald Trump issued a proclamation...

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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…

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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...

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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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Renewables/GOES MMI: Central U.S. sets spring wind power generation records

The Renewables Monthly Metals Index (MMI) fell 2.1% this month. (Editor’s Note: This report also includes coverage of grain-oriented electrical steel.)  U.S. sets wind power records in spring The Energy Information Administration (EIA) reported the central U.S. set wind power generation records this spring. Looking for metal price forecasting and data analysis in one easy-to-use…

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The Renewables Monthly Metals Index (MMI) fell 2.1% this month. (Editor’s Note: This report also includes coverage of grain-oriented electrical steel.)  U.S. sets wind power records in spring The Energy Information Administration (EIA) reported the central U.S. set wind power generation records this spring. Looking for metal price forecasting and data analysis in one easy-to-use...

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