China Content

U.S. to drop its Section 232 tariffs on metal from Canada and Mexico

aluminum

The U.S. plans to drop its Section 232 tariffs on industrial metals from Canada and Mexico that were instituted as a national security measure, The Washington Post and Politico are reporting Friday. The move clears the way for the new North American trade deal — the USMCA — that was proposed last year but has not been ratified.

Commodities Roundup: Steel Prices, Sustainable Mining and U.S.-China Tariffs

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: Domestic steel price weakness, sustainable mining, and U.S-China trade tariffs and talks fallout.

New Trump Tariffs Are a Top Issue for Supply Chains, Managers of ISM Economic Reports Say

With the Trump administration’s latest tariff increase on goods from China set to start Friday, the managers of ISM’s economic indexes spent part of their Wednesday webinar addressing concerns about the new levy’s effect on the economy, procurement and supply chains.

“I was hoping we wouldn’t still be talking about (tariffs), but alas we still are,” said Timothy Fiore, chair of the Institute for Supply Management’s Manufacturing Business Survey Committee, which puts out the Production Manufacturing Index (PMI) on the first of every month.

“If we’d had this conversation two weeks ago, I would have been more optimistic,” he said. “With the news this week, I don’t know that I have an opinion. But people who know and that I’ve talked to expect the tariffs to go into effect Friday.”

Commodities Roundup: Tesla-Panasonic Partnership Cools, Indian Steel Exports to U.S. Fall, Oil Market Primed for Growing Deficit

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: Tesla-Panasonic Cooling, Indian Steel to U.S. Falls, Oil Market

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.