Houston metal manufacturer to shutter due to ‘crippling’ steel tariffs, finance issues

Another local metal manufacturing company will close due to the increased cost of steel tariffs, as well as other “crippling” business conditions, according to a filing with the Texas Workforce Commission. United Structures of America, a Houston metal fabrication and engineering company with facilities here and in Portland, Tenn. will cease operations. The company’s Houston…

Details

ALUMINIUM BILLET WRAP: European premiums fall to lowest since late 2016, early 2017

European aluminium billet premiums on Friday August 30 traded at their lowest since late 2016 and early 2017, pressured by a sustained oversupply in the region. Oversupply, aggressive offers sink premiums in Europe. Brazilian billet premium falls on weak demand. US, Asian billet premiums steady. European premiums hit by sustained oversupply European billet premiums hit…

Details