Imports of the metal from China totaled 52,590 metric tons in October, holding near the lowest level since February 2011.
The industrial strategy is intended to provide an anchor for companies, many of which have already begun enacting contingency plans in case Britain doesn’t strike a trade deal with the EU.
Demand for crude is continuing to rise and oil inventories are returning to the levels of the past five years, according to Aramco CEO Amin Nasser.
The news was cheered by biofuel advocates, who argued the change would have disrupted markets and could discourage ethanol production.
The government agency said Baxter International’s facilities will get priority access to the grid in order to try and keep supplies flowing.
Longi began evaluating the move before a U.S. trade case was filed in April seeking tariffs to protect domestic manufacturers, says Archie Flores, general manager of the company’s U.S. unit.
Plans for a new facility, probably located next to an existing Airbus plant in Mobile, "would make no economic sense," according to Boeing.
“We are not going to let the United States be taken advantage of anymore.”
For those keeping score, the energy and transportation sectors appear to be winners.