The U.S. metals and manufacturing community welcomed a decision by the World Trade Organization that supported claims by the United States that China illegally imposed antidumping and countervailing measures upon U.S.-made passenger vehicles.
The Original Equipment Suppliers Association’s sentiment index rose 3 points to 59 in May—from March’s 56—driven by healthy U.S. auto sales and higher capacity utilization rates both among automakers and at component and subassembly production plants.
Growing pains // No end in sight for oversupply, weak demand for nickel in 2014
Sound numbers // Red metals face concerns in 2014, better outlook in 2015 and beyond
Overcapacity conundrum // Ramped up supply, declining demand and subsidized imports depress prices
A lightweight option // Aluminum demand is in good shape, but there are concerns about oversupply
New innovations in materials will drive metals markets in 2014