Canada first is the last thing U.S. aluminum smelters need, tariffs could return May 29, 2020 The American Primary Aluminum Association has complained that an exemption from tariffs granted to Canada is “destroying what remains of the U.S. industry”. The exemption from section 232 duties was granted as part of U.S.-Mexico-Canada Agreement negotiations in 2019 and may be hard to withdra... Read more →
ArcelorMittal, Ternium may feel COVID-19 disruption in Mexican exports March 5, 2020 Mexican steel production slipped 15.9% year over year in January. That was in part due to a slowdown in shipments planned for China due to the COVID-19 coronavirus outbreak according to Grupo Simec. Mexican exports to China may have surged 29.1% year over year in Q4, but had otherwise been in ... Read more →
ArcelorMittal Dodges Tariff Trouble as U.S. Imports Hit Lowest Since 2010 January 22, 2020 China’s steel industry will reportedly be prohibited from adding new capacity in 2020 following an 11.2% slump in exports in 2019. Life for China’s producers will also be made more complicated by the phase 1 trade deal with the U.S. that will likely boost Chinese imports of steel. China’s expo... Read more →
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