Metals
Canada’s response on tariffs won’t be bound by USMCA: negotiator
Trade negotiator Steve Verheul says what actions Canada takes depends on what the US does.
Feds to push back against any new US tariffs on aluminum: Duclos
Bloomberg says the Trump administration plans to impose a 10% tariff on imports from Canada.
Stelco reports Q4 loss on challenging market conditions, steel price drop
Average steel selling price for the quarter was down 28% compared with last year.
Samuel acquires 100% of additive maker Burloak Technologies
Metals and industrial products manufacturer acquired its Burloak minority stake in 2017.
Feds invest in digital tracing for steel supply chain
Funding for two firms will support a proof of concept for a using blockchain and artificial intelligence.
US confirms fabricated steel from Canada dumped, but not subsidized
Investigation is over, no countervailing duties will be collected but injuries to be assessed.
Future Aluminum Forum Industry 4.0
December 8th 2020The focus is on Industry 4.0 and what’s happening in the world of digitalization, presented by the Aluminum Association of Canada.
Semafo mine in Burkina Faso won’t reopen this year following attack
Company says it continues to support victims and their families as it works on a plan for the future.
Stelco makes no net profit in Q3 as revenues drop 23%
Revenues were $475 million, down from $619 million in the third quarter of 2018.
Glencore to close Brunswick lead smelter, 420 jobs lost
Losing money since the 2013 closure of the nearby Brunswick Mine, which produced zinc and lead.
China’s Jingye comes to the rescue of British Steel
Rescue deal potentially protects some 4,000 jobs and safeguards a strategic asset as Britain prepares to leave the EU.
BC should demand miners pay cleanup costs up front: Study
Rules review to ensure taxpayers aren’t stuck with the costs of cleaning up or caring for abandoned mines.
Why Trump tariffs haven’t revitalized American steelmakers
Raised costs for steel users and has done little to blunt China’s dominance of global steel production.
US dismisses trade beef against two Quebec steel makers
…but will determined pricing of fabricated steel from China and Mexico to be unfair, tariffs levied.
Heico gets $18M federal funding to diversify product mix
Company is investing $50.7 million in three facilities, creating 86 jobs.
