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Steel industry begins to idle plants, shows signs of weakness — despite Trump’s support
U.S. Steel announced it will temporarily halt production at two domestic plants. The closure runs in sharp contrast to the narrative President Trump has offered about the steel industry......»»
Goods exporters body seeks parity between domestic, export steel price
In a presentation made to the Union government, EEPC chose products that were used by the broad majority of the engineering industry.....»»
Canada mulls aid for aluminum, steel industry after U.S. tariffs
Canada's cabinet on Monday discussed how to protect the domestic steel and aluminum industry from U.S. tariffs, just hours ahead of a scheduled meeting between Prime Minister Justin Trudeau and domestic industry leaders......»»
Trump says his steel tariffs will save the U.S. industry: WSJ
President Donald Trump said on Wednesday his tariffs on foreign steel are saving the U.S. industry and he predicted that in the future American steelmakers will mostly face domestic competition, the Wall Street Journal reported......»»
What Nucor, Steel Dynamics Earnings Indicate About the Industry and Tariffs
Two U.S.-based steelmakers have reported profits and earnings that came in sharply higher than the same period a year ago. How are tariffs on imported steel affecting these and other domestic........»»
Biden wants to sell blue-collar workers the American Dream of a failing China
In some of his harshest comments ever made about China, Biden called the country "xenophobic" and said it had more retirees than workers. President Joe Biden speaks to members of the United Steel Workers Union at the United St.....»»
Biden to steelworkers: U.S. Steel should remain a "totally American company"
In a speech Wednesday in front of the United Steelworkers, President Joe Biden doubled down on his intention to block the sale of U.S. Steel to Nippon Steel......»»
Biden vows to block US Steel acquisition by a Japanese company and promises tariffs on Chinese steel
President Joe Biden is promising to blo.....»»
Biden Calls For Tripling Tariffs On Chinese Steel Ahead Of Speech In Swing State Of Pennsylvania
Biden Calls For Tripling Tariffs On Chinese Steel Ahead Of Speech In Swing State Of Pennsylvania The White House announced on Wednesday morning that President Biden will call for tripling tariffs on Chinese steel and aluminum in a speech.....»»
Cleveland-Cliffs CEO says those who see steel industry demise "completely wrong"
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Steel Dynamics says market conditions to benefit U.S. industry in 2021, beyond
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Paul Brandus: How could Biden easily boost homeownership? First, end Trump’s tariffs on raw materials
A surge in the prices of lumber and steel have made buying a new home out of reach for many Americans......»»
These 3 sectors are set to boom on the back of Biden"s massive infrastructure spending plan, Morgan Stanley says
Morgan Stanley says the healthcare, clean energy, and the cement and steel sectors are set to benefit from President Biden's infrastructure spending. Pre.....»»
Biden Commerce Secretary Admits Trump"s Steel And Aluminum Tariffs Saved American Jobs
Biden Commerce Secretary Admits Trump's Steel And Aluminum Tariffs Saved American Jobs Authored by Ivan Pentchoukov via The Epoch Times, Secretary of Commerce Gina Raimondo told reporters at the .....»»
Biden’s Rust Belt revival plan risks luring more foreign steel
Arguably the biggest.....»»
Steel complex lobbies Biden administration on Trump tariffs, Bloomberg says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Commodities Corner: China’s pollution reduction efforts look set to disrupt iron ore’s rally
China’s efforts to drastically reduce pollution levels could lead to lower demand for iron ore, a raw material for the steel industry, which is a big source of the nation’s harmful emissions......»»
Southwest CEO urges Biden not to mandate domestic air COVID testing, Reuters says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
U.S. Steel Industry upgraded to Overweight at Credit Suisse
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Biden commerce pick promises "aggressive" stance against China when asked about aluminum, steel tariffs
Commerce Secretary nominee, Gina Raimondo, vowed to take a tough stance to protect American interests, including taking "aggressive" measures to combat Chinese practices that she believes hurt American workers......»»