North America

Time For Section 232 Aluminium And Steel Tariffs Has Passed: Canada Foreign Minister Freeland

Time For Section 232 Aluminium And Steel Tariffs Has Passed: Canada Foreign Minister Freeland

As an accord has already been reached on the new trade agreement among the United States, Canada, and Mexico, Canada’s Foreign Affairs Minister Chrystia Freeland expressed her opinion that the leverage given Washington, D.C. by the Section 232 aluminium and steel tariffs...

Events

Quotas On Aluminium And Steel Imports Not A Suitable Replacement For Section 232 Tariffs: Mexico’s Economy Minister

Continuing to argue that tariffs on imports of its country’s aluminium and steel are unjustified, Mexico’s government said yesterday that replacing those tariffs with quotas was not an acceptable substitute for total elimination of the impediment on trade. “The Mexican government’s position is that the application of the 232 on steel and aluminum is not […]

Alcoa Inks Seven-Year Power Deal For Massena Plant

Alcoa’s Massena plant has reached a new, seven-year deal with the New York Power Authority to provide electricity to the plant, picking up where the existing deal leaves off at the end of this month. The new contract, which runs through 2026, will provide the plant with 240 MW of low-cost hydropower sourced from NYPA’s […]

Ottawa Announces C$100 Million Investment In Aluminium And Steel Firms Impacted By Section 232 Tariffs

In an effort at mitigating damage done to the dominion’s small- and medium-sized aluminium and steel manufacturers by the Trump Administration’s Section 232 tariffs, the Canadian government said Monday that it plans to send C$100 million (US$74.6 million) to affected manufacturers and users of the metals. Navdeep Bains, federal minister of innovation, science, economic development […]

Aleris Turns In Record Numbers For Fourth Quarter And Full Year 2018

Cleveland rolled aluminium firm Aleris International, Inc. reported financial and operating results for the fourth quarter and full year of 2018 yesterday. An uptick in demand and a favorable metal environment in North America helped propel most of the firm’s numbers past those of preceding periods. The fourth quarter saw Aleris ship 203 metric tons […]