Lead times, scrap trends, trade talks and more
News happens fast these days. Here are highlights from May to keep you informed.
News happens fast these days. Here are highlights from May to keep you informed.
A June 1 proclamation expanded the list of equipment products eligible for temporary 15% Section 232 tariff treatment and established an 85% domestic content threshold for products eligible for a 10% rate.
The US is competing with China on advanced technologies, semiconductors and critical minerals, but major metals aren’t getting enough attention, according to a report from the SAFE.
The remarks come head of the joint review of the US-Mexico-Canada Agreement, which replaced NAFTA, on July 1.
The Lebanon facility will effectively double the company's total annual processing capacity to an estimated 240 million pounds.
The contract covers roughly 3,400 workers in Davenport, Iowa; Alcoa, Tenn.; Lafayette, Ind.; and Massena, N.Y.
Meanwhile, USW reached a tentative agreement with Arconic on a three-year master agreement covering workers at four facilities.
Before the second Trump administration, many automakers banked on an electrified future, with federal and state tax breaks incentivizing consumers.
CRU Senior Analyst David Leah said at the CRU World Aluminium Summit 2026 in London that automotive aluminum demand continues increasing, though growth is shifting unevenly between castings, extrusions and rolled products as automakers reassess vehicle designs.
Construction indicators strengthened entering Q2, though most momentum was concentrated in data centers and infrastructure projects.