Panjiva Research

Trump’s tariff leniency may mean little for the economy, will prove complex

April 20, 2020

The U.S. government will allow 90 day deferrals on tariff payments for companies facing financial hardship. That should allow better cash flow management for specific companies but will be unlikely to change the overall state of the economy. Total U.S. customs duties, effectively a tax paid by... Read more →

Vale changes shipping strategy, cuts exports in response to coronavirus

April 9, 2020

Brazilian iron ore exporter Vale may be resetting its Asia route network to transship via China due to a shortage of capacity elsewhere. The phased nature of COVID-19 linked shutdowns globally may make such rearrangements more common. Vale’s iron ore exports from Brazil were already in decline... Read more →

Brazilian iron ore sinks to new trough as Vale favors China

March 19, 2020

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 →

Japan’s exports slip rather than slide as China, chips prove resilient

March 18, 2020

Japan’s international trade activity fell for a 10th straight month in February after imports slumped 13.9% lower year over year on a 47.1% collapse in shipments from China. The latter reflects disruptions caused by the coronavirus outbreak. Japanese exports meanwhile only fell by 1.0% includi... Read more →

We’re not there yet – 18 coronavirus lessons from supply chain and financial data

March 16, 2020

This report draws on over 50 Panjiva research reports and a systematic review of trade and financial data to analyze the impact of the SARS-CoV-2 / COVID-19 coronavirus outbreak. We’ve identified 11 broad themes from our reports so far and identified seven interesting performance-pairs. The im... Read more →

Baosteel bucks the coronavirus trend with surging U.S.-bound shipments

March 11, 2020

Chinese steel exports may surge in March and April in response to a coronavirus-linked drop in demand for the products in China, S&P Global Platts reports. Chinese steel and aluminum exports dropped 28.6% and 22.7% year over year respectively in January and February combined in dollar terms as... Read more →

First signs of coronavirus’s drag as U.S. imports fall for sixth month

March 11, 2020

U.S. seaborne imports fell for a sixth straight month in February with a 7.5% slide. Imports from China were largely to blame with a 21.0% year over year drop. That may be the first sign of the impact of COVID-19 coronavirus disruptions, with more to follow given logistics in China have only r... Read more →

China misses phase 1 purchasing commitments by 59% in January

March 9, 2020

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 →

ArcelorMittal, Ternium may feel COVID-19 disruption in Mexican exports

March 5, 2020

Mexican steel production slipped 15.9% year over year in January. That was in part due to a slowdown in shipments planned for China due to the COVID-19 coronavirus outbreak according to Grupo Simec. Mexican exports to China may have surged 29.1% year over year in Q4, but had otherwise been in ... Read more →

Trump splits Japanese security view for titanium and steel cases

February 28, 2020

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 →

Showing research about Metals - Steel