Category: tariffs

Stainless MMI: U.S. stainless imports surge as surcharges move up again

The Stainless Monthly Metals Index (MMI) decreased by 3.8% for this month’s index value, as U.S. stainless imports surged last month. Do you know the five best practices of sourcing metals, including stainless steel? U.S. stainless imports rise 76% The U.S. Department of Commerce reported the U.S. imported a total of 91,600 metric tons of…

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The Stainless Monthly Metals Index (MMI) decreased by 3.8% for this month’s index value, as U.S. stainless imports surged last month. Do you know the five best practices of sourcing metals, including stainless steel? U.S. stainless imports rise 76% The U.S. Department of Commerce reported the U.S. imported a total of 91,600 metric tons of...

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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…

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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...

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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?…

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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?...

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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...

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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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Even a pandemic can’t slow the deterioration of U.S.-E.U. trade relations

While small beer compared to the U.S.’s trade war with China, the growing dispute between Washington and Brussels over subsidies by aircraft makers is likely to develop into an escalating series of tit-for-tat measures this year. That’s particularly true if President Donald Trump feels he needs some headline-grabbing opportunities ahead of the presidential elections Nov….

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While small beer compared to the U.S.’s trade war with China, the growing dispute between Washington and Brussels over subsidies by aircraft makers is likely to develop into an escalating series of tit-for-tat measures this year. That’s particularly true if President Donald Trump feels he needs some headline-grabbing opportunities ahead of the presidential elections Nov....

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This Morning in Metals: Bloomberg: U.S. mulling reimposition of Canadian aluminum tariffs

This morning in metals news, the U.S. is reportedly considering reimposing tariffs on Canadian aluminum, U.S. liquefied natural gas (LNG) exports have plunged and global copper mine production ticked up 0.5% in Q1 2020. U.S. could bring back Canadian a…

This morning in metals news, the U.S. is reportedly considering reimposing tariffs on Canadian aluminum, U.S. liquefied natural gas (LNG) exports have plunged and global copper mine production ticked up 0.5% in Q1 2020. U.S. could bring back Canadian aluminum tariffs After rolling out blanket steel and aluminum tariffs via Section 232 in 2018, the...

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This Morning in Metals: Union workers at Ilva steel plant to go on strike over reported job cuts plan

This morning in metals news, workers at Italy’s Ilva steel plant will go on strike to protest a reported job cuts plan by plant owner ArcelorMittal, Alcoa has begun to lay off workers at its Ferndale, Washington aluminum smelter and President Donald Trump renewed a previous threat to impose tariffs on automobiles imported from the…

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This morning in metals news, workers at Italy’s Ilva steel plant will go on strike to protest a reported job cuts plan by plant owner ArcelorMittal, Alcoa has begun to lay off workers at its Ferndale, Washington aluminum smelter and President Donald Trump renewed a previous threat to impose tariffs on automobiles imported from the...

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