Week in Review: Trump’s trade deals, steel capacity utilization and Hindalco’s diversification plans
Before we head into the weekend, let’s take a look back at the week that was and some of the metals coverage here on MetalMiner, including coverage of: India’s Hindalco, U.S. steel capacity utilization, Trump’s trade deals, the Department of Commerce’s circumvention rulings on steel routed through Vietnam, U.S. industrial production and more.
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- Sohrab Darabshaw delved into Hindalco’s plans to diversify its operations amid challenging conditions for aluminum in India.
- Rio Tinto’s Pacific operations recently gained Aluminum Stewardship Initiative certifications.
- Stuart Burns on what 2020 might have in store in terms of economic growth.
- Don Hauser overviewed recent trade developments related to the USMCA and U.S.-China talks.
- The European Commission has a proposal aimed at protecting its trade rights amid a deadlock in the World Trade Organization’s Appellate Body.
- The U.S. steel sector’s capacity utilization rate hit 80.1% for the year through Dec. 14.
- The Department of Commerce issued affirmative determinations related to circumvention of steel products produced in Korea and Taiwan but shipped through Vietnam.
- U.S. industrial production bounced back in November.
- ArcelorMittal and Nippon Steel recently completed acquisition of the debt-ridden Indian steelmaker Essar Steel.
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