There are also some safety benefits to the use of aluminum in cars: aluminum can absorb roughly twice as much energy as steel ...

The global economy is changing rapidly, particularly regarding emerging technologies such as artificial intelligence, solar panels, electric vehicles, and large-capacity batteries. However, even as ...

LONDON (Reuters) - When electric carmaker Tesla Inc. launched its first mass market model last summer, it sent a shockwave through the aluminium industry by largely shifting to steel and away from the ...

The Trump administration on Wednesday officially raised tariffs on aluminum and steel to 50%, a move experts say could increase costs on everything from homes and cars to household items and office ...

NEW YORK — U.S. President Trump has promised to hike nearly all of his tariffs on foreign steel and aluminum to a punishing 50% Wednesday, a move that would hammer businesses from automakers to home ...

(Reuters) - The push for lighter cars as environmental pressures intensify could benefit aluminium, given it is lighter than its competitive material steel. A major challenge facing the auto sector is ...

The foundation for these latest tariffs was laid in March 2018, when President Trump enacted a 25% tariff on steel imports and a 10% tariff on aluminum imports from most trading partners under Section ...

LONDON/SEOUL/SINGAPORE (Reuters) -U.S. prices of steel and aluminium spiked on Monday while shares of foreign steelmakers slumped after U.S. President Donald Trump said he would double tariffs on ...

The aluminum and steel tariffs are set to come into effect on March 12 (at 12:01 a.m. Eastern Standard Time to be precise). The tariffs will impose a 25% duty on all imports of aluminum and steel into ...