Union workers at Arconic authorize strike as contract nears expiration
The current contract expires on May 16.
Author: stephanieritenbaugh
Tariff hearing reveals concerns about unfair competition, mainly from China, but not just China
Meanwhile, this week, President Trump is in Beijing for a crucial series of meetings with Chinese leader Xi Jinping. Discussions are expected to include trade, the Iran war, technology and agriculture.
Lutnick: USMCA could be replaced by separate deals with Mexico and Canada
US Commerce Secretary Howard Lutnick said the US should pursue separate, bilateral trade negotiations with Canada and Mexico instead of renewing the US-Mexico-Canada Agreement (USMCA).
Aluminum stocks to stay in red, prices to stay high as Iran war continues
The LME price for aluminum spiked at the start of the US/Israel war on Iran and has lately hovered around $3,400-$3,600 per ton, not yet breaching $4,000.
Alcoa to upgrade Norway facility, increase scrap capabilities
The upgrades are expected to increase capacity by up to 75,000 metric tons, the company said in an announcement.
AKFA Aluminum Solutions breaks ground on Kentucky project
The Bowling Green operation will function as a full-cycle aluminum production site. Capabilities will include extrusion, anodizing, and finishing capabilities, allowing AKFA to perform multiple processing stages within a single US location rather than relying on external tolling or offshore finishing.
Iran war disruptions show importance of US smelters, Century says
“The timing of our Mt. Holly restart could not be better...providing additional American metal units to the domestic market,” CEO Jesse Gary said.
Iran war, tariff changes, project announcements and more
There’s a lot of news to keep track of, so we’re lending a hand with highlights from the past month and what they mean for you.
Join SMU and AMU for a Community Chat with Mercury Resources CEO Anton Posner
Anton Posner, CEO of Mercury Resources, will join Steel Market Update and Aluminum Market Update for a Community Chat on Thursday, May 14, at 11 am ET.
US opens new S232 tariff-relief path for Canadian and Mexican producers
The US has released new procedures allowing steel and aluminum producers in Canada and Mexico to qualify for reduced Section 232 tariffs. But only if they commit to building new production in the US.