Many analysts say that the real concern for automakers is the car industry downturn in China. China’s slowdown is expected to continue into 2020 and the impact is already being felt by auto manufacturers and auto part makers across the globe. China is the largest automotive market in the world, [...]
Eccomelt LLC recently participated in the Alumexico 2019 Congress in San Luis Potosi, Mexico, which was held from August 21 – 23. The Congress was well attended by many major players (e.g., researchers, industrial and educational institutions, academics, and industry executives) in the Mexican aluminum industry, and also by companies [...]
The automotive industry has hit a major speed bump. New vehicle sales for the world’s top automakers are encountering their first sustained slowdown (e.g., diminishing sales) since the 2009 recession. This slowdown combined with higher steel and aluminum prices due to tariffs and stiffer emissions regulations across the world, undoubtedly necessitates [...]
Last month, Eccomelt LLC participated in the CastExpo 2019 in Atlanta, Georgia. Martin Hartlieb, the President of Viami International and a keynote speaker at the CastExpo 2019, presented the results of his Quebec Metallurgy Centre (CMQ) study on Eccomelt356.2 (substitute for A356.2 Ingot). It was a pleasure to meet everyone [...]
Eccomelt is pleased to announce that it will be attending the CASTEXPO 2019. The largest metal casting trade show and congress in North America will be held between April 27 and 30 at the Georgia World Congress Center in Atlanta. This year’s theme is “Metal Casting Success Starts Here”, which [...]
In recent weeks, you may have heard that economic growth in China, the second-largest economy in the world, has slowed down to its lowest point in nearly three decades. The news itself is true, but depending on your source, you may find that some of the statistics and numbers telling [...]
Global production of aluminum hit a record low (since 2009) in 2018 with decreasing prices and increasing costs, U.S. trade tariffs imposed against China, Chinese smelter curtailments/shutdowns, and U.S. sanctions against Rusal. In 2018, global primary aluminum output totaled 64.34 million tonnes, according to the International Aluminum Institute (IAI), only [...]
Eccomelt LLC participated in last week’s Platts Aluminum Symposium in San Diego, CA, where Frank Cicchino and Martin Hartlieb met with customers, suppliers and fellow aluminum industry experts to discuss the current situation in our industry. Here are the highlights of the presentations from this premier event: The primary aluminum [...]
Great strides are being made in negotiations between the Trump administration and Rusal (the second largest aluminum producer in the world) and Gaz Group (a Russian automotive conglomerate). The Treasury Department announced on Wednesday December 19, 2018 that it would be lifting sanctions against Rusal and Gaz Group. It felt [...]
It is no secret that President Donald Trump is taking an aggressive approach to trade. In September alone, the Trump Administration shelled out $4.4 billion in tariffs, a 50% increase from September of 2017. The increase came largely from the $1.4 billion in tariffs imposed on imports of foreign steel [...]
