This morning in metals news: the United Steelworkers union this week announced it had reached a tentative deal with Allegheny Technologies Inc. (ATI) to end a three-month strike; meanwhile, Ford China’s sales rose by 24% in the first half of the year; and, lastly, the U.S. and Mexico announced a course of remediation under the […]
Tag: USMCA
USMCA hits one-year mark
Back on July 1, 2020, the United States-Mexico-Canada Agreement (USMCA) went into effect. The deal, reached during the Trump administration, began with negotiations aimed at the modernization of the 1994 North American Free Trade Agreement (NAFTA). Those negotiations kicked off in August 2017. More MetalMiner is available on LinkedIn. A year on: USTR remarks on […]
This Morning in Metals: USMCA Labor Council convenes for first time
This morning in metals news: as laid out in the United States-Mexico-Canada Agreement (USMCA), the USMCA Labor Council convened for the first time; meanwhile, the Energy Information Administration reported on potential electricity disruptions this summer; and, lastly, Rio Tinto declared force majeure at one of its operations. The MetalMiner Best Practice Library offers a wealth […]
This Morning in Metals: Construction inputs rise 24.2% over last year
This morning in metals news: construction inputs have jumped by 24.2% from May 2020-May 2021; the United States-Mexico-Canada Agreement (USMCA) Environment Committee released its first joint statement; and, lastly, the U.S. dollar has strengthened this week. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for […]
This Morning in Metals: Companies launch solution for end-to-end cobalt traceability
This morning in metals news: several companies have collaborated on a solution that aims to allow for end-to-end cobalt traceability; meanwhile, the Associated General Contractors of America said rising materials prices threaten the economic recovery; and, lastly, the US, Canada and Mexico issued a trilateral statement on the United States-Mexico-Canada Agreement. The MetalMiner Best Practice […]
First, Canadian aluminum … could U.S. target steel next for tariffs?
Following President Donald Trump’s reimposition of 10% import tariffs on Canadian aluminum, the U.S.’s northern neighbor is now sweating the possible reimposition of steel tariffs. The U.S. imposed the Section 232 tariffs in 2018. Eventually, the U.S. lifted them following the successful agreement of the United States-Mexico-Canada Agreement (USMCA). “I hear that they’re going to […]
This Morning in Metals: USITC requests $2.75M to assist in USMCA implementation
This morning in metals news: the United States International Trade Commission asked for an additional $2.75 million in its budget to help it toward implementation of the United States-Mexico-Canada Agreement (USMCA); the World Gold Council released its H1 2020 report; and U.S. beverage makers are grappling with an aluminum can shortage.
This Morning in Metals: U.S. Steel to restart blast furnace at Gary Works
This morning in metals news: amid improving demand, U.S. Steel plans to restart a blast furnace at its Gary Works; the United States-Mexico-Canada Agreement (USMCA) went into effect today; and China could be aiming to diversify its iron ore supply portfolio.
Aluminum MMI: Aluminum price climbs despite overwhelming supply
The Aluminum Monthly Metals Index (MMI) increased by nearly 1.4% this month.
This Morning in Metals: Constellium reports Q1 revenue down 6%
This morning in metals news, Constellium’s Q1 revenue fell 6% year over year, Nucor CEO Leon Topalian said the steelmaker will continue to give out dividends and the United States-Mexico-Canada Agreement (USMCA) will go into effect July 1. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a […]