We are quickly approaching Inauguration Day. The market still has no definitive clue as to how the Trump administration will execute on its threat to apply universal tariffs to all imports. Compounding this are the threats to apply 25% duties against our USMCA partners - Canada and Mexico.
The company said the biggest headwind it's facing is the downturn in manufacturing.
AZZ Inc. is looking to make some deals after focusing on paying down debt.
The deal will expand Norfolk’s stainless steel sheet and coil product lines, the company said.
Recovery continues but geopolitical risks remain for 2025
The size of the capital structure and the composition of the owners are telling statements about the importance that Beijing has assigned to this venture.
“New commodity-specific tariffs, mainly on steel and aluminum products, could widen price differentials and divert trade flows,” the credit agency forewarned.
In 2024, volatility with a capital “V” has been the rule. That will remain high heading into 2025.
A roundup of CRU's weekly aluminum news.
Highlights from the aluminum industry this week
Prices were stable to down in November for all seven steelmaking raw materials tracked by SMU, according to our latest analysis.
Aluminum highlights for the week
A look at this week's aluminum news
The investment is aimed at growing Kloeckner’s automotive and industrial segment in the US and Mexico.
A roundup of this week's CRU aluminum news.
A roundup of this week's CRU aluminum news.
A roundup of this week's CRU aluminum news.
Steelmaking raw material prices strengthened for all but one product in October, a change in pace compared to recent months, according to SMU’s latest analysis.
Aloca reports strong results Alcoa‘s performance improved in Q3 due to reduced costs and higher alumina prices, the Pittsburgh-based company said in its Q3 financial results. The report coincided with an announcement on the future of Alcoa San Ciprián operations, in the Galicia region of Spain – a strategic agreement with IGNIS EQT, a Madrid-based […]
Steel Dynamics Inc. remains optimistic about its prospects as it ramps up flat-rolled steel operations and prepares for the production of aluminum products next year. Executives from the Fort Wayne, Ind.-based steelmaker provided an update on the company’s operations on a conference call on Thursday held to discuss SDI’s third-quarter earnings results.
A roundup of the week's CRU aluminum news.
A roundup of the week's CRU aluminum news.
USTR’s final determination of Chinese tariffs The Office of the United States Trade Representative (USTR) announced its final decision concerning tariffs it will introduce against Chinese imports as part of its Section 301 investigation. The proposed modifications first announced in May were largely adopted, with several updates strengthening actions to protect American businesses. “Today’s finalized […]
A roundup of the week's CRU aluminum news.
A roundup of the week's CRU aluminum news.
CRU Aluminum Analyst Marziyeh Horeh shares a roundup of news making headlines in the aluminum markets this week.
Whether as a guitar player in a rock and roll band or as a high-powered executive at Steel Dynamics Inc. (SDI), it’s all about the team for SDI’s Barry Schneider.
Steelmaking raw material prices have moved in differing directions across August, a change of pace from the declines seen in June and July, according to SMU’s latest analysis.
CRU Aluminum Analyst Marziyeh Horeh shares a roundup of this week's news from the aluminum industry.
Here’s a roundup of some of the news making headlines in the aluminum industry this week from CRU’s Aluminum Analyst Marziyeh Horeh.