U.S. President Donald Trump has postponed the imposition of steel and aluminum tariffs on Canada, the European Union and Mexico until June 1, and has reached agreements for permanent exemptions for Argentina, Australia and Brazil, the White House said.
The switch by Elon Musk's Tesla to heavier-but-cheaper steel highlights how steel is fighting back against aluminum, which had widely been expected to be the bigger beneficiary of the electric vehicle revolution.
But commerce secretary does some math and calls it 'no big deal'
U.S. steel and aluminum companies were pleased, however.
How does the composite bed of the 2017 Honda Ridgeline compare to the steel bed of the Chevy Silverado and aluminum bed of the Ford F-150? Let's find out.
One of the hottest topics in the industry these days is automakers' expanding use of aluminum, especially for vehicle bodies and platforms. While the lightweight metal has historically been the preserve of premium brands and sports cars, Ford shocked the industry when it announced that its 2015 F-150 would go aluminum-intensive for its new generation. As it turns out, the material change doesn't even mean a big jump in the prices for most of its trims. Possibly in reaction to the big change, Gen
Volumes have been written about how much obesity costs the U.S. in terms of healthcare costs. Now, the government is looking for ways for cars to shed some pounds as well.
Worldwide industrial solutions company Harsco and bioenergy technologies firm LanzaTech have teamed up to promote the capture and reuse of steel mill flue gases as a source for domestic fuel.
The Steel Market Development Institute (SMDI) will reveal results from phase two of its Future Steel Vehicle (FSV) program at the 10th Annual Great Designs in Steel seminar in Livonia, MI on Wednesday, May 18th.
Making Stronger Steel As Light As Aluminum
As car makers strive to meet increased CAFE standards, a lot of cars will be getting both lighter and more aerodynamic. While aluminum and carbon fiber grab a lot of the lightweight headlines, there's no getting around the fact that cars are going to be made out of steel for a long time to come. So it's no surprise that the steel industry is out to prove that it, too, can be a source for relatively lightweight and aerodynamic products. This week's entry: three new wheel design's that are intende
Hyundai Steel – Click above to view video after the jump
Volkswagen is making money hand over fist right now thanks to cost cutting measures and increased global sales, and the German automaker wants to keep the good times rolling. High commodity prices for items like steel, aluminum and rubber are beginning to eat away at VW's cash horde, so the German automaker may hike the prices of its vehicles. VW marketing chief Detlef Wittig told reporters that he feels automakers are afraid to raise prices in such a competitive sales environment, and that the
Yesterday the U.S. International Trade Commission lifted tariffs on imported steel from Australia, Canada, France and Japan, and there was much rejoicing in the boardrooms of many automakers that build cars and trucks in the U.S. The tariffs were originally put in place on cheap steel imported into the U.S. from a total of six countries that threatened to collapse the U.S. steel industry back in 1993. Some 13 years later, the U.S. steel industry is healthy, and the tariffs that once were helpful
The Big Six U.S. automakers (General Motors, Ford Motor, Toyota Motor, DaimlerChrysler, Honda Motor and Nissan Motor) are calling for the U.S. International Trade Commission to put an end to heavy tariffs on imported steel. Current tariffs boost the price of high-grade steel from Australia, Canada, France, Germany, Japan and Korea by about 30 percent, at a time when automakers are struggling with steel prices that have skyrocketed 68 percent in the past two years.