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EU retaliation may convince Biden to revise Section 232
While the Biden administration has reversed multiple Trump-era policies, it has not been in any rush to revise the Section 232 tariffs. That might change, however, with the European Union on the verge of escalating retaliatory tariffs on US products, according to market participants.
April 14, 2021
·
By Mark Shenk
Insights
MORNING VIEW: Base metals prices mixed but broader markets more upbeat
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed this morning, Wednesday April 14, and broader markets were pleased US consumer prices did not shock to the upside, but markets are likely to remain wary in case corporate earnings do not live up to high expectations.
April 14, 2021
·
By William Adams
Insights
US corn outlook ‘very concerning’ as drought adds to planting woe
US-based analysts have cited another reason for the surprise shortfall in the expected planted area of corn, with some...
April 12, 2021
·
By Timothy Worledge
Insights
MORNING VIEW: Base metals prices, broader markets weaken
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were weaker this morning, Monday April 12, while markets contend with cross winds.
April 12, 2021
·
By William Adams
Insights
LIVE FUTURES REPORT 09/04: LME base metals prices edge lower, copper retreats from $9,000/t
Base metals prices on the London Metal Exchange edged lower during morning trading on Friday April 9 in low-volume trading conditions.
April 9, 2021
·
Insights
FOCUS: India mulls over self-sufficient future without imported scrap
India is stepping back from importing ferrous scrap and aiming to become a more self-sufficient steelmaker. But what issues led to this change of tactics and how will it affect global scrap trade flows? Fastmarkets investigates.
April 9, 2021
·
By Carrie Bone
Insights
EXCLUSIVE: Tata Steel to offer shredded scrap to domestic market in India
Tata Steel’s recycling business in India is to offer domestically produced shredded material to the Indian market, adding to its existing offering, the company told Fastmarkets on Wednesday April 7.
April 8, 2021
·
By Carrie Bone
Insights
EVs net lion’s share in US infrastructure proposal
Electric vehicles (EVs) and batteries feature prominently in US President Joe Biden’s $2-trillion plan to rebuild the country's infrastructure and economy.
April 7, 2021
·
By Rijuta Dey
Insights
Tsingshan Holding Group to invest $1.57 bln in lithium-ion battery plant
China-based nickel and stainless steel producer Tsingshan Holding Group will invest 10.3 billion yuan ($1.57 billion) to build a lithium-ion battery plant in the southern China province of Guangdong, it said on April 1.
April 7, 2021
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By Dalila Ouerghi
Insights
US steel industry lauds Biden’s $2-trillion infrastructure plan
US President Joe Biden’s $2-trillion infrastructure and jobs package is being applauded by domestic steelmakers and the United Steelworkers union.
April 2, 2021
·
By Mark Shenk
Insights
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