This morning in metals news: CEOs across the aluminum industry supply chain sent a letter to United States Trade Representative Robert Lighthizer to voice their opinion about a potential reimposition of aluminum tariffs on aluminum from Canada and Mexico; the International Aluminum Institute recently released global production figures for May; and the Energy Information Administration […]
Category: Imports
This Morning in Metals: U.S. steel imports down 19.2% through May
This morning in metals news: U.S. steel imports were down by nearly one-fifth during the January-May period; India has imposed duties on some steel products imported from China, Korea and Vietnam; and imports of oil country goods are down significantly this year.
USITC: Imports of collated steel staples from China injure U.S. industry
The United States International Trade Commission voted unanimously in its anti-dumping and countervailing subsidy review of imports of Chinese collated steel staples, concluding the imports are injurious to U.S. industry.
This Morning in Metals: Bloomberg: U.S. mulling reimposition of Canadian aluminum tariffs
This morning in metals news, the U.S. is reportedly considering reimposing tariffs on Canadian aluminum, U.S. liquefied natural gas (LNG) exports have plunged and global copper mine production ticked up 0.5% in Q1 2020.
This Morning in Metals: Vale announces plan to resume operations at Voisey’s Bay mine
This morning in metals news: Vale has announced a plan to resume operations at the Voisey’s Bay mine in Canada; U.S. imports of blooms, billets and slabs have surged in recent months; and Hindalco plans to sell a majority of its output outside of India this year.
This Morning in Metals: Ford employees could get chance to continue working remotely
This morning in metals news, thousands of Ford Motor Co. employees who have been working remotely as a result of the coronavirus pandemic might be allowed to continued doing so during the remainder of the year, Chinese coal imports dropped in May and Chinese steel rebar prices lost some ground on oversupply concerns.
This Morning in Metals: U.S. import prices rise 1.0% in May
This morning in metals news, the Bureau of Labor Statistics reported prices of U.S. imports increased in May, Alcoa will begin the formal process of dismissing employees at the San Ciprián aluminum smelter, and India wants its oil and gas producers to use more domestically produced steel.
This Morning in Metals: Norsk Hydro updates on April, May production levels
This morning in metals news, Norsk Hydro’s primary aluminum, bauxite and alumina production levels were up in April and May, the Aluminum Association reiterates its stance against the reimposition of tariffs on Canadian aluminum, and April U.S. steel shipments fell 31.5%.
Renewables/GOES MMI: Central U.S. sets spring wind power generation records
The Renewables Monthly Metals Index (MMI) fell 2.1% this month. (Editor’s Note: This report also includes coverage of grain-oriented electrical steel.)
Aluminum MMI: Aluminum price climbs despite overwhelming supply
The Aluminum Monthly Metals Index (MMI) increased by nearly 1.4% this month.