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Showing research about Metals - Steel

20200319-vale-brazil-total

Brazilian iron ore sinks to new trough as Vale favors China

Iron ore miner Vale may face restrictions to its exports from Brazil after planning to close a blending facility in Malaysia in reaction to coronavirus disruptions according to S&P Global Platts. The firm may be able to divert shipments to China given the recovery there. Vale’s iron ore export... Read more →

20200309-phase-1-total

China misses phase 1 purchasing commitments by 59% in January

The U.S.-China phase 1 trade deal includes significant purchase commitments from China, equivalent to a 59.9% increase in U.S. exports to China in 2020 versus 2019. In January the increase was just 1.0% year over year. The energy sector was the main culprit. The phase 1 deal implies U.S. expor... Read more →

20200302-titanium-macro

Trump splits Japanese security view for titanium and steel cases

President Donald Trump has agreed not to take action against imports of titanium sponge from Japan after a section 232 “national security” review and has instead directed the departments of Defense and Commerce to work with the Japanese government to “ensure access for use in national defense ... Read more →

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