Panjiva Research

Steel deals, grinding gears – May 2021 supply chain calendar

May 4, 2021

The month of May will bring further corporate reports regarding the challenges from congested supply chains and rising raw materials costs. Firms reporting in the logistics sector include Maersk and Hapag-Lloyd while among industrials and consumer goods firms Deere, Foxconn and Nintendo will b... Read more →

China’s steel controls may raise costs for GM, Thyssenkrupp in Mexico

April 29, 2021

The Chinese Ministry of Finance has cut import duties on certain steel products in order to try and reduce the cost of steel after a recent surge. There may be an opportunity for U.S. exporters to sell more into China as a result of the reduced tariffs, particularly in the context of purchases... Read more →

Biden’s next 1,361 days – onshoring, vaccines and taxes but no big trade deals

April 29, 2021

President Biden’s first 100 days in office have set the stage for the remainder of his term in office, with policy support for supply chain adaptations such as onshoring and decarbonization rather than wide ranging trade deals. That comes as trade activity has boomed, with U.S. exports and imp... Read more →

India’s oxygen emergency requires steel export reductions

April 28, 2021

The Indian government has requested that steelmakers focus their liquid oxygen production, used in the blast furnace process, on supplies to the medical industry. While India’s COVID-19 crisis clearly needs to take priority, there will be downstream supply chain implications for producers and ... Read more →

Vale’s iron ore exports enter third year of disruptions

April 26, 2021

Vale has entered a third year of volatile iron ore exports from Brazil. A mining disaster in 2019 and the pandemic in 2020 have been followed by legal challenges to the opening of its Terminal Ilha Guaíba, located near Itaguaí. The port has been reopened and was the third largest port handling... Read more →

Plastic’s fantastic import price rise shows supply chain inflation risks

April 14, 2021

U.S. supply chain inflation accelerated in March with U.S. import prices having increased by 6.9% year over year while the underlying figure excluding food and fuels rose by 3.8%. The latter’s price index of 102.9 was the highest since April 2013, confirming the increased inflation rate is not... Read more →

China’s steel price preoccupation could lead to export acceleration

April 12, 2021

China’s Premier, Li Keqiang, has presided over a meeting that has warned that “the sharp rise in international commodity prices has brought great pressure on enterprises to increase costs” with a potential need to “strengthen market regulation of raw materials to ease the cost pressure of ente... Read more →

Posco, Thyssenkrupp may be preparing for an elusive tariff cut

April 8, 2021

U.S. section 232 import duties, applied for national security reasons, have “helped save American jobs in steel and aluminum industries” according to U.S. Commerce Secretary Gina Raimondo. There will continue to be “a place for tariffs” going forward, even though that likely will continue to c... Read more →

Illinois Tool Works, Kyocera may see nail tariff costs cut

April 7, 2021

The U.S. Court of International Trade ruled that expanded section 232 national security tariffs on steel products overstepped the law, removing duties on steel and aluminum derivatives like nails and car bumpers. This overturns the duties that were enacted by the Trump administration in Januar... Read more →

Q2 2021 Outlook: Words become actions, threats going nowhere

March 31, 2021

The seeds of the challenges faced by global supply chains in Q1’21 were sown in the second half of 2020 and are unlikely to unwind before the end of Q2’21. Global trade activity remains robust, with exports from 17 countries that have reported data for February showing growth of 6.2% excluding... Read more →

Showing research about Metals - Steel