ManufacturingTrends

Global Trade Sentiment Cools as Companies Hit Pause on Orders Amid Trump's Policies

1 month ago

In a notable shift in global trade dynamics, numerous companies are starting to halt orders in anticipation of potential policy changes under the Biden administration. The chilling effect on trade is becoming increasingly evident, raising concerns among manufacturers and suppliers about the future of trade relationships.

South African Financier Eyes Control of ArcelorMittal Subsidiary Amidst Market Shifts

2 months ago

In a strategic move that could reshuffle the competitive landscape of the steel industry, a prominent South African financier is reportedly considering an acquisition of control over a significant subsidiary of ArcelorMittal SA. This development comes at a time when the global market dynamics are shifting, affecting the operations and profits of major players in the sector.

Nippon Steel's Failed Acquisition Bid Paves the Way for Intensified Competition with Chinese Steel Manufacturers

5 months ago

In a significant development for the steel industry, Nippon Steel Corporation's recent attempt to acquire a stake in a South Korean steelmaker has ended in failure, setting the stage for a much tougher competitive landscape with Chinese mills. This move reflects not just Nippon Steel's ambitions but also the growing dominance of Chinese steel production on the global stage.

Canada's Auto Industry Faces Sharper Decline Ahead of Trump’s Return

6 months ago

In a concerning trend for Canada's automotive sector, production has experienced a significant drop recently. This downturn comes just before former U.S. President Donald Trump is poised to re-enter the political landscape, raising questions about future trade policies and their potential impact on the auto industry. The current situation reflects both domestic challenges and broader economic uncertainties that have begun to affect automotive manufacturing across the region.

The Hidden Impact of U.S. Tariffs on China: An Unexpected Economic Shift

8 months ago

Recent assessments of the ongoing U.S. tariffs imposed on Chinese imports reveal surprising outcomes that have extended beyond the initial economic intentions behind these trade measures. Initially designed to bolster American manufacturing and safeguard U.S. jobs, these tariffs have triggered a series of unforeseen consequences that now ripple across global markets and supply chains.