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August 2021 - Silicon Chip Online

August 2021 - Silicon Chip Online
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Despite howls of protest from consumers, the Biden administration has doubled down on the Trump administration’s trade barriers with its latest move on aluminum tariffs.
The administration recently slapped semi-finished flat rolled aluminium anti-dumping duties on 18 countries supplying the US market.
Don’t miss the MetalMiner analyst team on March 24 at 10 a.m. CDT for a 30-minute metals market forecast and strategies to deploy in falling markets: https://zoom.us/webinar/register/WN 6J8wAyYySfihVk3ZUH9yMA.
Aluminum tariffs
Previous administrations’ focus on China first on extrusions in 2011 and then foil and sheet in 2018 succeeded in bringing down imports from 620,000 metric tons in 2017 to 170,000 tons last year, Reuters reported. ....

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European Raw Materials Alliance aims to strengthen supply chains

Rare Earths Monthly Metals Index (MMI) surged 26.9% for this month’s reading.
The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding of the fundamental factors driving prices and a detailed forecast that can be used when sourcing metals for 2021 including expected average prices, support and resistance levels.
European Raw Materials Alliance initiative aims to strengthen supply chain
The European Commission recently launched the new European Raw Materials Alliance (ERMA) earlier this year.
Last week, ERMA kicked off the first “cluster” aimed at strengthening the domestic supply of rare earths magnets and motors.
“The first Cluster of ERMA deals with one of the most critical value chains for many key EU industrial ecosystems: rare earth elements (REE) used in high performance magnets and motors,” ERMA said in a Dec. 9 release. “ERMA supports a multi-sourcing strategy of REE ....

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