China Content

Commodities Roundup: Iron Ore Prices, Steel Demand and Steel Capacity Utilization

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. We scour the landscape for what matters — from price movements to policy decisions. This week: iron ore prices, Norway aluminum maker Norsk Hydro upgrading, updates on U.S. steel.

Commodities Roundup: Aluminum Semis, Cobalt Futures and Auto Emissions

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. This week: aluminum semis, cobalt futures and Missouri cobalt mining, and auto emissions.

Procurement Technology, Digitization Can Blunt Economic Headwinds, GEP Report Says

Although global GDP grew a healthy 3.1% in 2018, the year finished with a rocky fourth quarter. Against this backdrop, GEP has released its 2019 Procurement and Supply Chain Management Outlook, which predicts a tough business climate ahead, but one that can be addressed with advances in procurement technology.

Commodities Roundup: U.S. Mining, Toyota Invests in U.S., Oil Prices

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. This week: U.S. Mining, Toyota Invests in U.S., Oil Prices

Resilinc EventWatch: Top Risks to Supply Chains in 2018 Were Extreme Weather, M&A Activity, Brexit and Explosions

With deadline questions looming about Brexit and high levels of uncertainty about U.S.-China trade negotiations still hanging over global markets, risks to supply chains may already seem well above average. As reported by Resilinc’s EventWatch 2018 annual report, however, some of the greatest risks to supply chain operation may be something that stakeholders don’t realize.

Commodities Roundup: February Price Surges, USTR Releases 2019 Trade Policy Agenda, Steel Capacity Hits 81.1%

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. This week: Metal prices rise, steel utilization is up; Brexit fallout still looming.

Commodities Roundup: Europe Auto Group Reacts to Section 232, Oil Price Rises, Global Steel Growth Slows

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. This week: Europe Auto Group Girds for Trump 232 Tariff Ruling, Zinc and Lead in Deficit, Oil Prices Rising

Trade War or No, Local Sourcing with Maker-to-User Model has Advantages

sourcing operations

Spend Matters welcomes this guest post from Jason Middleton, Ray Products vice president of sales and development.

Our trade deficit with China surpassed $301 billion in 2018 — and it’s no mystery why. Thanks to cheap labor and fewer regulations there, it tends to be more cost-effective to have “Made in China” stamped on your product than it is to have “Made in America.”

In the last year, however, the trade war has prompted many companies to re-evaluate their outsourcing practices and consider a “maker-to-user” model of sourcing locally. With the U.S. imposing approximately $250 billion in tariffs on Chinese imports, it’s simply no longer cost-effective to source products and materials from China.

Afternoon Coffee: Tariff Delay Boosts Stocks; Barrick Gold Bids $18 Billion for Mining Rival Newmont

The March deadline to raise tariffs against China has been delayed, lifting stocks on the hopes that the U.S.-China trade deal is making progress, the Associated Press reports. On Monday, Trump also said oil costs were too high, and the price fell later in the day, CNBC reports. And Barrick Gold Corp. has made a $17.85 billion bid to buy Newmont Mining Corp. and create the world’s largest gold mining operation, The Wall Street Journal reports. Afternoon Coffee brings you the latest procurement and supply chain news.

Afternoon Coffee: EU to Target Caterpillar, Xerox if Trump Puts Tariffs on Car Imports; U.S.-China Trade Summit in March?

With the Trump administration set to rule on possible tariffs on auto imports from Europe, officials there have a planned response: Target U.S. brands like Caterpillar, Xerox and Samsonite luggage, a senior EU official tells Bloomberg News. And the U.S. and China are discussing a late March summit for the nations’ leaders to discuss a trade deal, reports CNBC, which also says that China has agreed to buy $1.2 trillion in U.S. goods. Afternoon Coffee brings you the latest in procurement and supply chain issues.

Commodities Roundup: EU Steel Quotas, a Mid-January Review and More Brexit Drama

Brexit

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, we scour the landscape for what matters. This week: EU imposes steel quotas, mid-January review of metal prices, a new auto alliance and the Brexit deal goes bust, giving way to more uncertainty.