metals
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.
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.
Trudeau government does spadework on minerals crucial to future
British firm to provide pricing forecasts and analysis of global supply and demand between 2020 and 2030.
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.
Experts weigh in on lifting of tariffs on Canadian steel, aluminum
United Steelworkers called removal “good news” but wants stronger measures to protect Canadian steel.
-
Stelco buys remaining 37 acres next to Hamilton Works
Plans to capitalize on the demand for industrial lands in the Greater Toronto and Hamilton Area.
-
Stelco pushes PM for help dealing with ‘changing landscape’ for steel
Emergency import restrictions on seven products that posed a “serious threat” to Canada’s steel industry are about to expire.
ABI submits offer to end 14 month lockout at aluminum smelter
Salaries will increase by an average of least 2.55% annually over a six-year collective agreement.
-
Steel tariffs waived even with Trump’s tough trade talk
Commerce Department approved exemption requests from 370 companies for up to 4.1 million tons of foreign steel.
Stelco reports earnings of $125M in Q3, a sharp jump from last year
Volumes shipped by the Hamilton steelmaker surged more than 42% to 586 million tons.
NA aluminum associations urge end to tariffs before trade deal signed
Letter notes no tariffs or quotas are needed because of action already taken by the three countries.
EU tax on Harleys and other iconic US brands aims to ‘make noise’ in trade debate
Will begin taxing US imports worth $3.4 billion in response to Trump’s tariffs on European steel and aluminum.
US lawmakers rip Trump tariffs enacted in name of national security
Companies are feeling the fallout of higher metals prices and trade retaliation.
