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: airbus
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.
This Morning in Metals: Constellium signs 10-year deal with Airbus
This morning in metals news, Constellium has inked a long-term contract with plane manufacturer Airbus, the U.S. Department of Commerce has launched a Section 232 investigation related to imports of vanadium and Chinese rebar prices have reached a nine-year high.
Monday deadline looms for comments on E.U. copper products facing 100% tariff rate
Following from the long-running case recently won by the U.S. over whether the European Union (E.U.) provided Airbus with subsidies, on Dec. 2 the World Trade Organization (WTO) rejected the E.U.’s claim that subsidies were no longer provided to Airbus. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner […]
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 […]
This Morning in Metals: E.U. Trade Commissioner Wants Deal on Aircraft Subsidies
This morning in metals news, E.U. Trade Commissioner Cecilia Malmstrom wants the U.S. to hold off on imposing tariffs in response to the long-running Airbus-Boeing subsidy saga, iron ore prices could continue to plunge and copper prices dipped again Tuesday. E.U. Trade Chief Seeks Deal on Aircraft Subsidies Earlier this year, the United States Trade […]
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 […]
