Sentences with phrase «aluminum producers»

President Donald Trump this month imposed sanctions on Rusal, Russia's biggest aluminum producer, and some other companies, in response to Moscow's alleged meddling in the 2016 U.S. election.

U.S. Sen. Chuck Schumer pressed the International Trade Commission to take action to stop what aluminum producers in New York say are «predatory» trade practices by foreign governments and producers, especially China.

In the past five trading days, shares in leading aluminum producer Alcoa have surged on the news, jumping as much as 9.8 percent on March 1 alone.

The Economics Ministry estimates additional costs for a large aluminum producer with a consumption rate of 4,000 GWh, for example, could surge to $ 40 million.

As an example, the country's leading aluminum producer Rusal, which is owned by Deripaska, lost a staggering 50 percent of its share price value Monday after the oligarch was put on the SDN list.

Alcoa Corp., the biggest U.S. aluminum producer, was down 1 percent after declining as much as 2.8 percent, while Century Aluminum Co. was down 7.1 percent.

Trump has invoked a 1962 trade law to erect protections for U.S. steel and aluminum producers on national security grounds, amid a worldwide glut of both metals that is largely blamed on excess production in China.

U.S. aluminum producers offer alternatives to Trump's proposed 10 percent tariff on aluminum imports, including targeting China.

NEW YORK, April 19 U.S. customers of Rusal are scrambling to figure out how to replace supply from the Russian company after U.S. sanctions on the world's second - largest aluminum producer caused prices to spike to a seven - year high, the companies and metals analysts said.

Australian - British multinational Rio Tinto and Melbourne - based BHP, two of the world's top aluminum producers, were both upgraded to «BUY» this week by CLSA, partly in response to rising aluminum prices but also because they maintain strong balance sheets and are expected to generate favorable free cash flow (FCF) this year.

But American steel and aluminum producers argue that China still harms them indirectly by routing goods through third countries, as well as depressing global prices to a level where American manufacturers can not compete.

Chinalco, as the state - owned aluminum producer is known, decided to withdraw after rejecting a proposal by the Chinese government that it be a minority partner in a combined bid led by Minmetals, according to the people.

The Commerce Department's report focuses on the supposed minimum production levels that US steel and aluminum producers need to stay in business and thus to support the defense industrial base within the US economy.

Cohn's meeting, which will include executives from the auto industry and beverage - can manufacturers, is meant to serve as a counterweight to a meeting Trump had last Thursday, where he listened to steel and aluminum producers advocate for tariffs and then unexpectedly announced his decision to initiate them on the spot.

Russian aluminum producer UC Rusal registered a prospectus in February for $ 1.5 billion of seven - year panda bonds to be placed on the Shanghai Stock Exchange.

Freeport's specialty is copper and gold mining, and Alcoa is a vertically integrated aluminum producer.

(B.C. mining giant Teck, Shell Canada and aluminum producer Rio Tinto Alcan declined comment when contacted for this story.)

The cryptocurrency will be used in purchase and sale deals by the country's state energy company PDVSA and Venezuelan state - run conglomerate CVG that operates aluminum producers and state petrochemical company Pequiven.

Between 2008 and 2012, aluminum producer Alcoa went from having women as 15.8 % of its executives to 19 %.

HERERA: The Treasury Department is giving American customers of RUSAL, that «s Russia «s biggest aluminum producer, more time to comply with sanctions.

Speaking in Hamilton on Tuesday, Trudeau said there are measures in place, including tariffs and tougher border controls, to prevent steel and aluminum producers in other countries from using Canada as a back door to slip cheap metal into the United States.

Rusal, the world's largest aluminum producer, blocked the LME's new rule that storage facilities with the longest wait times had to release more metal than they took in.

Energy giant En +, aluminum producer Rusal...

The Commerce Department is recommending that President Trump slap quotas or tariffs on foreign steel and aluminum producers.

American steel and aluminum producers would cheer tariffs on Chinese exporters after years of watching prices get suppressed due to oversupply.

Speaking in Hamilton on Tuesday, Trudeau said there are measures in place, including tariffs and tougher border controls, to prevent steel and aluminum producers in other countries from using Canada as a back door to slip cheap metal into the U.S..

Most notably this includes lumber, steel and aluminum producers.

The aluminum producer issued weaker than anticipated guidance for global demand growth, projecting 4.25 to 5.25 percent growth in 2018, compared to 5.25 percent growth in 2017, according to Thomson Reuters.

«We suspect that the hit to other industries from higher prices will outweigh any boost to domestic steel and aluminum producers, particularly when that boost may not be very large,» Hunter said in a note.

The aluminum producer continued to suffer from declining aluminum pricing during the quarter ended in September, and it is expected to post a year - over-year profit decline for the first time in six quarters.

We find that the tariffs would result in a net loss of nearly 470,000 U.S. jobs after accounting for positive impacts on U.S. steel and aluminum producers.

They're hoping to remind him that while steel and aluminum producers and his most die - hard supporters might support the tariffs, many other groups that are important to his political fortunes, like automakers and large swaths of corporate America that rely on international trade, are strongly opposed to them.

Steel and aluminum producers, naturally, support the tariffs.

The nation's biggest aluminum producer will split into two publicly traded companies as it tries to deal with an oversupply of the metal and falling prices.

BEIJING (Reuters)- Shanghai Futures Exchange (ShFE) aluminum stocks have fallen for the first time in more than nine months, giving the market faint hopes of a drawdown on record inventories of the metal in China, the world's biggest aluminum producer and consumer.

BEIJING Shanghai Futures Exchange (ShFE) aluminum stocks have fallen for the first time in more than nine months, giving the market faint hopes of a drawdown on record inventories of the metal in China, the world's biggest aluminum producer and consumer.

We find that the tariffs would result in a net loss of 146,000 U.S. jobs after accounting for positive impacts on U.S. steel and aluminum producers.

The SPDR S&P Metals & Mining ETF (XME), which exclusively holds shares of U.S. metals and mining firms — including steel producers, aluminum producers and others — performed better on Thursday, rising 2.5 %.

On the other hand, steel and aluminum producers in the U.S. have praised the tariffs as much - needed relief from foreign competitors, who, according to them, are selling metals below cost.

If Trump goes through with the tariffs as promised, he'll win the affection of American steel and aluminum producers and impress the parts of his base eager to see him pursue a nationalist agenda on trade.

It proposes harsh new tariffs and import quotas on all foreign - made steel and aluminum, regardless of country of origin, that will then theoretically compel American steel and aluminum users to purchase those products from domestic steel and aluminum producers to match such minimum output levels and prevent US producers from going out of business.

You don't have to be a professional trade negotiator to be skeptical of the idea that U.S. President Donald Trump decided to exempt Canada from his steel and aluminum tariffs simply because that nice, good looking guy who's prime minister of Canada phoned to plead on behalf of Canada's steel and aluminum producers.

Trump's tariff is good news for US steel and aluminum producers.

While Trump's announcement may hearten the country's steel and aluminum producers, it's bad news for the much bigger sector of the US economy that buys those metals to use them in the goods they produce.

The artist decided during the process with the aluminum producer to show the back of the cast and then finally take away the alumium - ness by patinating the entire steel and aluminum sculpture in gunmetal black.

At the time, the single most expensive subsidy: «a 30 - year discounted - electricity deal worth an estimated $ 5.6 billion given to aluminum producer Alcoa by the New York Power Authority.»

If citizens and local govenrment are unable or unwilling to make aluminum recycling work, it falls on the shoulders of the aluminum producers to keep their markets sustainable.

American steel and aluminum producers will have more money, so they may hire more people or they may not.

While steel and aluminum producers were rejoicing, the stock market, along with manufacturers of products made from these materials together with farmers were singing the blues.