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Showing research about Metals - Aluminum

20210526-aluminum-origins

Aluminum supply chains about to get even more bureaucratic

The U.S. government has outlined the final rules for its Aluminum Import Monitoring and Analysis system which will allow for “timely monitoring of import surges”. While adding supply chain transparency the system, which comes online from June 28, comes on top of a complex process for requestin... Read more →

20210525-uk-steel-macro

Tailored steel, aluminum retaliation plans set in motion by U.K.

The U.K. government has started a six week review of retaliatory measures against U.S. section 232 steel and aluminum tariffs. The government is aiming to ensure that a new set of duties are “tailored to the needs of the UK economy and shaped to defend industries across the UK, including steel... Read more →

20210504-calendar-retal

Steel deals, grinding gears – May 2021 supply chain calendar

The month of May will bring further corporate reports regarding the challenges from congested supply chains and rising raw materials costs. Firms reporting in the logistics sector include Maersk and Hapag-Lloyd while among industrials and consumer goods firms Deere, Foxconn and Nintendo will b... Read more →

20210409-steel-utilization

Posco, Thyssenkrupp may be preparing for an elusive tariff cut

U.S. section 232 import duties, applied for national security reasons, have “helped save American jobs in steel and aluminum industries” according to U.S. Commerce Secretary Gina Raimondo. There will continue to be “a place for tariffs” going forward, even though that likely will continue to c... Read more →

20210407-nails-macro

Illinois Tool Works, Kyocera may see nail tariff costs cut

The U.S. Court of International Trade ruled that expanded section 232 national security tariffs on steel products overstepped the law, removing duties on steel and aluminum derivatives like nails and car bumpers. This overturns the duties that were enacted by the Trump administration in Januar... Read more →

202104-outlook-demand-boom-global-1

Q2 2021 Outlook: Words become actions, threats going nowhere

The seeds of the challenges faced by global supply chains in Q1’21 were sown in the second half of 2020 and are unlikely to unwind before the end of Q2’21. Global trade activity remains robust, with exports from 17 countries that have reported data for February showing growth of 6.2% excluding... Read more →

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