This morning in metals news: Rio Tinto said it is investing US$87 million to increase its low-carbon aluminum production in Canada; new natural gas pipeline capacity came on stream in Q3 2021; and, lastly, the U.S., E.U. and Japan released a joint statement affirming their trilateral trade partnership. Stay up to date on MetalMiner with […]
Category: Global Trade
US, Japan to initiate talks on Section 232 steel, aluminum tariffs
The United States and Japan have agreed to initiate talks regarding the former’s Section 232 tariffs on Japanese steel and aluminum imports, Reuters reported this week. According to a report by AP, Japan’s industry ministry said Japan’s Industry Minister Koichi Hagiuda and U.S. Commerce Secretary Gina Raimondo attended the meeting. However, a ministry official said […]
This Morning in Metals: ELYSIS hails progress toward carbon-free aluminum produced at Canadian plant
This morning in metals news: ELYSIS, a joint venture of Alcoa and Rio Tinto, said it is one step closer to the production of carbon-free aluminum; the U.S. trade deficit in September reached $82.9 billion; and, lastly, aluminum and copper prices have leveled off after plunging to close October. MetalMiner has launched a full suite […]
US, EU deal on Section 232 tariffs calls for sustainability cooperation
As we predicted last month, the U.S. and E.U. have used the recent G20 summit in Rome to announce an end to hostilities over the steel and aluminum Section 232 tariffs imposed by the previous Trump administration and perpetuated by President Joe Biden. “We have agreed with the US to pause our steel and aluminium […]
This Morning in Metals: US, EU reach deal on Section 232 steel, aluminum tariffs
This morning in metals news: the U.S. and E.U. have struck a deal that will see to the former resuming imports of duty-free steel and aluminum from the E.U.; battery storage applications have shifted, the Energy Information Administration explained; and, lastly, compensation costs increased during Q3 2021. Want an occasional email from MetalMiner that highlights […]
Week in Review: China’s property market; oil prices; aerospace aluminum demand
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, including whether oil prices can hit $100 per barrel this year, a potentially rapid recovery for aerospace aluminum demand and much more: We’re offering timely emails with exclusive analyst commentary […]
This Morning in Metals: US trade deficit jumps 9.2% in September
This morning in metals news: the U.S. trade deficit in September jumped 9.2% from the previous month; meanwhile, Rio Tinto is partnering with Carbfix on carbon capture and storage technology; and, lastly, Norsk Hydro is investing in a new automotive extrusion press in China. Each month, MetalMiner hosts a webinar on a specific metals topic. […]
What’s next for US Section 232 tariffs on EU steel, aluminum?
Talk of trade meetings are usually met with a yawn and click to the next news item. However, last week’s meeting between the E.U. and the U.S. in Pittsburgh may be one event worth following. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for each […]
This Morning in Metals: Steel capacity utilization falls to 84.8%
This morning in metals news: U.S. steel capacity utilization dipped to 84.8% last week; meanwhile, General Motors signed a memorandum of understanding with GE Renewable Energy to develop a rare earths supply chain; and, lastly, the United States Trade Representative commented on potential targeted exclusions for the Section 301 tariffs on Chinese goods implemented during […]
This Morning in Metals: Cleveland-Cliffs, Rockport Works employees ratify three-year labor deal
This morning in metals news: Cleveland-Cliffs and workers at its Rockport Works have agreed on a new three-year labor deal; the U.S. goods and services deficit increased in August; and, lastly, Rio Tinto reached a new collective labor agreement with workers at its BC Works. We’re offering timely emails with exclusive analyst commentary and some […]
