Not surprisingly, the most alarmist headlines were run by the most biased of news channels: the BBC. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Long advocates of left-wing sympathies, the Beeb — as the BBC is affectionately known in the UK — has for many years also been leading […]
Category: Automotive
This Morning in Metals: Aluminum Association Says Quotas are ‘Bad Deal’ for American Workers
This morning in metals news, the Aluminum Association released a report panning aluminum import quotas, Republican senators urged President Donald Trump not to impose tariffs on imported automobiles and U.S. automotive sector layoffs in 2019 have surged. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Aluminum Association Comes in Against […]
Podcast Ep. 6: How One of the Largest U.S. Truck Manufacturers Mitigates Tariff Risk — and Plans for 2020
In the aftermath of the Section 232 tariffs on steel and aluminum going into effect in March 2018, we heard and read a lot about some of the largest American OEMs and their business challenges. For example, Ford Motor Company’s claim that the tariffs cost the automaker $1 billion in profits last year. But what’s […]
Week in Review: Tesla and Panasonic, Indian Steel Exports and Oil Price Trends
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Stuart Burns on the cooling Tesla-Panasonic relationship. India’s steel exports to the U.S. plunged last year. Belinda […]
Challenges at Tesla’s Gigafactory Suggest EV Rollout Won’t be as Fast as Hoped For
Reports that Panasonic is stepping back from its commitment to develop its Reno, Nevada Gigafactory with Tesla have the note of warning about them suggesting all is not well with Tesla or for sales of its new Model 3 batteries, which the new factory was designed to make, according to TechCrunch. But Tesla blames lowered deliveries […]
This Morning in Metals: Per ITC Analysis, USMCA Would Raise U.S. GDP by 0.35%
This morning in metals news, an analysis by the U.S. International Trade Commission digs into the details of the pending United States-Mexico-Canada Agreement (USMCA), the Congressional Research Service released a report covering economic growth levels around the world and the chairman of Chile’s Antofagasta says the green revolution will be good for copper. Need buying […]
Norsk Hydro to Increase Automotive Aluminum Capacity at Husnes Plant
Norwegian aluminum maker Norsk Hydro has recently been in the news for a cyber attack that brought much of its operations to a halt. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook More recently, however, the company turned to more positive news, announcing plans to upgrade technology at its Husnes plant to produce […]
Loophole in E.U.’s Auto Emissions Law Lets Automakers Drive Away from Fines
History abounds with examples of the E.U.’s incompetence, particularly around its lawmaking. But an absolute corker is going on this year over automotive emission targets. From 2021, the E.U.’s target for average carbon dioxide emissions from cars is 95 grams per kilometer, in an effort to force innovation in more efficient power units and to […]
Week in Review: Tropical Cyclone Veronica, the April MMO and Auto Sales
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The European Steel Association (EUROFER) wants a mandate extension for the Global Forum on Steel Excess Capacity. […]
Automakers Face Headwinds in Rapidly Changing Automotive Marketplace
We are used to dire stories emanating from the automotive industry in Europe of late. The swing from diesel engines has hit European producers hard, as the region had been heavily biased toward the economical but historically carbon particulate polluting oil burners. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
