UAW Expands 'Stand Up' Strike to All Parts Distribution Plants at GM, Stellantis - Ford Spared
The United Auto Workers (UAW) significantly escalated its strike against General Motors and Stellantis on Friday.
Tag: supply chain
HRC Futures Market Takes Off
After a quiet couple of weeks, the futures market has recently come to life over the last three days, and is starting to show some bullish signals.
SDI to Provide Steel for Mercedes Plant in Alabama
Steel Dynamics Inc. (SDI) and Mercedes-Benz have signed an agreement for the automaker to source 50,000 metric tons of C02-reduced steel for its plant in Tuscaloosa, Ala.
Final Thoughts
The United Auto Workers (UAW) strike that started Friday leaves the Detroit 3 automakers—and it’s union-represented workers—in uncharted territory.
CRU Aluminum: All Eyes on Auto Talks Ahead of Congressional Budget Battle
The LME aluminum 3-month price was broadly stable on the morning of Sept. 15 and was last seen trading near $2,208 per tonne.
Final Thoughts
SMU Managing Editor Michael Cowden shares his Final Thoughts for the week on what happens to steel if the United Auto Workers (UAW) launch a series of “stand up” strikes at midnight tonight against Ford, General Motors, and Stellantis?
Beige Book: Economic Activity Appears Stable
The US Federal Reserve said that although overall economic activity was modest in July and August, per its latest Beige Book Report released on Sept. 6, the report was still slightly more optimistic than the previous one.
Chicago Business Barometer Rises for Third Consecutive Month
The Chicago Business Barometer edged up in August. This is the third consecutive monthly increase according to the latest indicators from Market News International (MNI) and the Institute for Supply Management (ISM).