aluminum

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US, EU Compromise on Trump Tariffs
US, EU Agree on Trump
Steel Tariffs

US, EU Agree on Trump Steel Tariffs

Tensions among nations had been rising along with costs

(Newser) - US and EU negotiators have reached a broad agreement to dial back tensions over steel and aluminum tariffs imposed under former President Trump. Under the deal, NPR reports, US tariffs will stay in place, but an unspecified amount of steel and aluminum from the European Union will be allowed into...

NASA Missions Failed Due to Faulty Parts Sold in Scam

Seems Sapa Profiles Inc. knowingly sold bad parts

(Newser) - On the upside, no one got killed. The bad news: An Oregon metals manufacturer lied about test results and sold faulty aluminum parts to NASA and other customers for more than 19 years, according to the Justice Department and NASA . Seems workers at Sapa Profiles Inc—which is now called...

EU's 'First Phase of Retaliation' Against US Launches Friday

The tariffs it threatened in March are on their way

(Newser) - The tariff tit for tat continues, with the EU set to put a wave of new tariffs against US exports into place on Friday. It's a response to the steel and aluminum tariffs that were imposed on the bloc three weeks ago , and the BBC characterizes the to-be-targeted exports...

New Tariffs on US Allies Called 'Dangerous'

The EU, Canada, and Mexico get hit

(Newser) - The delay is over . The Trump administration is announcing tariffs on steel and aluminum imports from the European Union, Canada, and Mexico, in a move sure to raise worries of a trade war. Commerce Secretary Wilbur Ross says there will be a 25% tariff on imported steel and a 10%...

Trump Delays Tariffs on EU, Canada, Mexico

Decision on steel imports will be postponed 30 days

(Newser) - The White House said Monday it would postpone a decision on imposing tariffs on US imports of steel and aluminum from the European Union, Canada, and Mexico for 30 days, avoiding the potential for a trade battle with Europe as the US prepares for tense trade talks in China this...

China Files WTO Complaint Over Trump's Tariff Hike

Says Trump's decision on aluminum, steel violates international trade rules

(Newser) - China has filed a World Trade Organization complaint challenging President Trump's tariff hike on imported steel and aluminum, the trade body said Tuesday. The tariff spat is one element of a wide-ranging trade dispute between Trump and Chinese President Xi Jinping's government. Trump also has threatened to increase...

Trump Signs Off on Steel, Aluminum Tariffs

They take effect in 15 days

(Newser) - As expected, President Trump signed off on steel and aluminum tariffs Thursday at the White House, CNBC reports. Trump says a 25% tax will apply to steel imports, and 10% will be added to aluminum brought into the US, the AP reports. Trump says the excess of imported steel and...

Trump's Tariff Surprise Now Has NAFTA Link

He says Mexico, Canada can avoid new taxes by renegotiating trade pact

(Newser) - President Trump suggested Monday that his plan to impose hefty tariffs on steel and aluminum might have some wiggle room, at least for Mexico and Canada. In morning tweets, Trump said the two nations could avoid the tariffs by giving ground in ongoing NAFTA negotiations, reports the Wall Street Journal ...

Powder Meant to Save Miners May Be Killing Them Instead

For decades miners were forced to inhale aluminum dust

(Newser) - Between the 1940s and 1980s, miners in Ontario went through a strange ritual at the start of every workday: They'd take off their street clothes, enter a room where their work clothes hung, and as soon as the doors closed, watch the room fill with black powder that they...

New Battery Could Charge Smartphone in 60 Seconds

Aluminum-ion battery is also greener, inventors say

(Newser) - Designers of a new aluminum-ion battery say it could charge a smartphone in about a minute and endure far more rechargings than today's lithium-ion batteries. Only problem is it has about half the voltage, Stanford University reports via the Telegraph . "Otherwise, our battery has everything else you'd...

Ford's First Radical F-150 Just Rolled Off the Line

Company acknowledges taking risks with aluminum truck

(Newser) - When you've had the bestselling vehicle in the US for 32 years, why change the formula? To make it even better, Ford argues. That's why the company's 2015 F-150, which will appear at dealerships next month, will have a body made almost entirely out of aluminum rather...

Ford Reveals Radical Change to F-150

Its famous steel body will now be 97% aluminum

(Newser) - For 66 years, Ford pickups have been, well "built Ford tough." Their 5,000 pounds have cleared tornado debris, pulled Rose Bowl floats, and plowed snow. And they've shouldered those loads with parts forged from steel. Until now. Ford today unveiled a new F-150 (the 2015 model...

Coming From Ford: Aluminum Pickup Trucks

Lighter metal will help F-150 meet fuel economy standards

(Newser) - The next incarnation of Ford's F-150 will be as tough as … aluminum? By 2014 the company will be building most of the body of its signature truck out of that lightweight metal in a bid to boost its fuel economy, in what the Wall Street Journal calls "...

Hungary Arrests Toxic Sludge Boss

PM wants state to take over the firm

(Newser) - The head of the company behind Hungary's toxic sludge spill has been arrested, and Hungarian Prime Minister Viktor Orban has asked parliament to take over. "The company should be put under state control and its assets under state closure," he said. Zoltan Bakonyi, of aluminum firm MAL Co,...

Can It: Wine Industry Goes Aluminum

Drinkers like single serving, easy transport, eco-friendliness

(Newser) - It may lack a certain old-fashioned class, but that’s not stopping the wine industry from embracing aluminum cans, the Times of London reports. A top can-maker said he’d sold 35 million cans to the industry last year, up from 6 million in 2006—and he foresees wine fans...

Aluminum Giant Alcoa to Lay Off 13,500

Pittsburgh company slashes 13% of its work force

(Newser) - Alcoa, the world's third-largest aluminum maker, said today it will cut 13,500 jobs—13% of its work force—and slash spending and output to cope with the global economic slowdown. The reductions expand on cost-cutting measures announced in October, when the Pittsburgh-based company reported a 52% decline in third-quarter...

Gene Tweak Could Grow Crops in Toxic Soil

(Newser) - Scientists have made a breakthrough that could dramatically boost the world's food production by making more land farmable, Wired reports. A slight change to a single gene allows plants to thrive in earth made toxic by aluminum, which currently renders nearly half of the world's soil useless for growing crops....

Bahrain Arm Accuses Alcoa of Corruption

US aluminum giant bribed, defrauded, and overcharged, lawsuit alleges

(Newser) - A company controlled by Bahrain's government has filed a lawsuit in US federal court accusing metals giant Alcoa of a host of shady business practices, the Wall Street Journal reports. Pittsburgh-based Alcoa, one of the world's biggest aluminum companies, systematically overcharged Bahrain Aluminum for raw materials and funneled money to...

Rio Tinto Rejects $147B BHP Bid
Rio Tinto Rejects $147B BHP Bid
UPDATED

Rio Tinto Rejects $147B BHP Bid

Mining giant holds out for an even better offer from rival

(Newser) - Rio Tinto today rejected a $147.4B bid from rival mining giant BHP Billiton, the Wall Street Journal reports. Although the bid would have been one of the largest takeovers ever, Rio is holding out for a sweeter deal. "BHP Billiton's offers, while improved, still fail to recognize the...

Alcan Steels Itself Against Alcoa Bid

Canadian aluminum producer rejects US rival, says it will seek other offers

(Newser) - Canadian aluminum maker Alcan has rejected the $24.7-billion bid from rival Alcoa that would have been the biggest takeover in the metals industry, and signalled its intention to look elsewhere. Alcoa’s  $74.60-per-share bid was inadequate, Alcan’s CEO said today, reigniting rumors that both companies may be...

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