Today's news: America's annual deficit is back to a trillion dollars * is the era of the strictest steel production restrictions in history?

Published: Jul 24, 2019 09:38

Macro information

If Trump imposes car tariffs, the European Union intends to retaliate against 39 billion US goods.

The new budget deal will return the US annual deficit to trillions of dollars

Within three months, the Brexit economy is on the verge of shrinking. Can Johnson recover from the decline in the pound?

Directional "priority" drainage is important for the central bank to play the TMLF+MLF combination fist

Metal news

[SMM Analysis] the truth of the big drop in scrap copper imports how metal consumption is rising and weak consumption is the main theme.

Analysis on the resumption of production and the influence of Zinc Price in Zinc smelter in July [SMM investigation]

[SMM Analysis] LME Zinc spot discount before touching low consumption weak Shanghai Zinc is difficult to shake its wings

[SMM data] imports of high-carbon ferrochromium are expected to fall slightly in July by 21 to 254000 tons in June.

The change of Copper consumption structure in the United States and its Enlightenment to China

Is it time for another iron and steel man to be detained at the time of the strictest steel production restrictions in the history of detention?

The Ministry of Ecology and Environment announces the implementation of the key tasks of the 2018 Action Plan for Water pollution Prevention and Control

European Metal holding Company to operate Cinovec Lithium Power Project in Czech Republic

Related news

An important signal behind the sale of the New Town: property market funds are being tightened across the board

A number of companies have won the bid for the National Grid Purchasing Project

French Automobile Manufacturing Trademark to seek the legal status of European companies

Volvo recalls 507000 vehicles worldwide involving a number of models

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business

 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Kazakhstan's Copper Cathode Output Down 9.1% YoY in Jan-Feb 2026, Feb Production Drops 7.8% MoM
4 hours ago
Kazakhstan's Copper Cathode Output Down 9.1% YoY in Jan-Feb 2026, Feb Production Drops 7.8% MoM
Read More
Kazakhstan's Copper Cathode Output Down 9.1% YoY in Jan-Feb 2026, Feb Production Drops 7.8% MoM
Kazakhstan's Copper Cathode Output Down 9.1% YoY in Jan-Feb 2026, Feb Production Drops 7.8% MoM
Data released by the Kazakhstan Bureau of Statistics showed that Kazakhstan's copper cathode production in January-February 2026 fell 9.1% YoY.Copper Cathode: February 2026 production was 35,625 mt, down 7.8% MoM; total production in January-February was 74,266 mt, down 9.1% YoY.
4 hours ago
HBIS Resources: Severe Flooding Hits South African Copper Mines; Phase I Resumes, Phase II Dewatering Ongoing
4 hours ago
HBIS Resources: Severe Flooding Hits South African Copper Mines; Phase I Resumes, Phase II Dewatering Ongoing
Read More
HBIS Resources: Severe Flooding Hits South African Copper Mines; Phase I Resumes, Phase II Dewatering Ongoing
HBIS Resources: Severe Flooding Hits South African Copper Mines; Phase I Resumes, Phase II Dewatering Ongoing
HBIS Resources (000923) announced on March 17 that the Limpopo Province of South Africa, where its subsidiary Palabora Copper (Pty) Ltd. is located, and the neighboring Mpumalanga Province had been hit by the most severe flooding disaster since 2000. As runoff from the open pit and surrounding catchment areas surged into the company’s mine workings, some tunnels in Phase I and Phase II of the copper project were flooded, causing some critical facilities to be submerged (with no casualties). As the operating area of Copper Phase II is located at a deeper level, dewatering has progressed relatively slowly, and dewatering operations are still underway, with completion expected in early April.
4 hours ago
US Economic Advisor Kevin Hassett: Oil Tankers Passing Strait of Hormuz, Situation Under Control
4 hours ago
US Economic Advisor Kevin Hassett: Oil Tankers Passing Strait of Hormuz, Situation Under Control
Read More
US Economic Advisor Kevin Hassett: Oil Tankers Passing Strait of Hormuz, Situation Under Control
US Economic Advisor Kevin Hassett: Oil Tankers Passing Strait of Hormuz, Situation Under Control
Kevin Hassett, Director of the White House National Economic Council in the US, said that oil tankers had "already begun to pass sporadically" through the Strait of Hormuz, and that if necessary, the scale of a globally coordinated release of strategic petroleum reserves could be expanded. Speaking on CNBC, he said the White House had formulated response plans for every stage of supply chain disruptions, and said he was "very confident that the current situation is under control and will end soon."
4 hours ago