Alfa To Sell Off Aluminium Automotive Parts Maker Nemak
Mexican conglomerate Alfa said late last week it is planning to spin off its 75-percent stake in Nemak, a local...
Import and export data released last week shows a general decline in exports of aluminium scrap from United States firms in this year’s first quarter, while exporters in Mexico and Canada generally increased during that same time period. Per data just released...
Mexican conglomerate Alfa said late last week it is planning to spin off its 75-percent stake in Nemak, a local...
The Aluminum Association published an open letter to U.S. Trade Representative Robert Lighthiser on Thursday seeking to convince the Trump...
Tariffs on some imported aluminium and steel products will rise next month after United States President Donald Trump issued a...
The Mexican government formally requested relief from the Section 232 tariffs on aluminium and steel from the United States government late last week according to the country’s economic secretary. Secretary of the Economy Graciela Marquez Colin said Monday that she made the request of U.S. Secretary of Commerce Wilbur Ross in the course of the […]
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 […]
Echoing the United States’ northern neighbors, officials from the Mexican government confirmed over the weekend the position that ratification of NAFTA’s successor hinges in large part upon the Trump Administration lifting the Section 232 tariffs on imported steel and aluminium. While renegotiating the trade deals in which the United States government is a party was […]
Per a senior official with the Mexican steel trade group Canacero, the incoming Mexican government will not hesitate to impose retaliatory tariffs on imported United States aluminium and steel should a suitable compromise not be reached in the near future. In comments made at the sidelines of the Institute for Industrial Development and Economic Growth […]
Sources in Washington, D.C. say that United States trade officials are pushing for neighbors Canada and Mexico to agree to quotas on aluminium and steel in exchange for dropping blanket tariffs. According to unnamed sources claiming knowledge of the matter who spoke with Reuters on Tuesday, tariffs on metals were not initially a subject for […]
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...