Few would argue that semiconductor shortages have hampered automotive output. Earlier in the year, automakers temporarily shuttered factories, cutting into output. According to Toyota, it would slash worldwide vehicle production by 40% in September because of the shortage. Globally, the market lost some 2 million vehicles due to chip shortages. As a result, automotive aluminum […]
Tag: boeing
This Morning in Metals: US, EU reach deal to end long-running Boeing-Airbus dispute
This morning in metals news: the U.S. and E.U. have reportedly reached a deal to end the long-running Airbus–Boeing dispute over state subsidies; meanwhile, U.S. steel capacity utilization touched 82.6% last week, the American Iron and Steel Institute reported; and, lastly, Cleveland-Cliffs announced increases to its second-quarter and full-year 2021 financial guidance. The MetalMiner Best […]
This Morning in Metals: U.S. to adjust tariffs on E.U. products stemming from Boeing-Airbus dispute
This morning in metals news: the U.S. announced it will adjust its tariffs on E.U. products imposed last year; the U.S.’s renewable energy consumption surpassed that of coal for the first time since before 1885; and metals prices have retraced slightly this week. Find more insight on MetalMiner’s LinkedIn. U.S. adjusts tariffs on E.U. Last […]
U.S. ups the ante in Boeing-Airbus subsidy saga
Airbus and Boeing — or, more reasonably, Brussels and Washington — are still at it, haggling over subsidies both sides have received over the decades. The action and counteractions, originally started by the U.S. to stem what it saw as a rising European rival to Boeing’s dominance, has been rumbling on for 16 years. Both […]
This Morning in Metals: U.S. steel capacity utilization rate jumps again to 56.6%
This morning in metals news, the U.S. steel sector again posted another incremental rise in its steel capacity utilization rate, Freeport-McMoRan adjusted its Q2 copper sales estimates and the Airbus–Boeing tariff saga continues.
Aerospace supply chains face potentially catastrophic changes
Airbus has risen to rival Boeing to form a duopoly despite the plane maker operating across multiple countries and, even before the pandemic, facing problems of scale, fragmentation and lack of profitability.
This Morning in Metals: Precious metals prices take a tumble
This morning in metals news, precious metals prices have taken a hit, Washington state repealed a tax break that had benefited Boeing and the Pilbara Ports Authority released February shipping data. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Precious metals tumble Earlier this week, we […]
Boeing-Airbus WTO Battle Rumbles on as Tensions Rise Between U.S., E.U.
For once, President Donald Trump should be pleased with the World Trade Organization (WTO), a body he has repeatedly criticized and actively worked to undermine by preventing the appointment of new judges to its appeals panel. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource […]
Copper MMI: How a Boeing Trade Case Could Cause Global Copper Prices to Skyrocket, Give Wieland Metals a Guaranteed Monopoly
A 15-year trade dispute between Airbus and Boeing could send copper prices skyrocketing, with an even greater impact on U.S. manufacturers than the Section 232 tariffs had on steel and aluminum. MetalMiner has long covered this current dispute between Airbus and Boeing. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
Europe Back in the Crosshairs of U.S. Trade Policy
The Trump administration announced this week it was considering the imposition of tariffs on $11 billion worth of European Union imports, said by the Financial Times to include such diverse products as passenger helicopters, Roquefort cheese, olive oil and wines. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The move […]
