Metal & Steel News
The conclusion is clear. Steel tariffs are a bad deal for U.S. manufacturers, a bad deal for U.S. workers, and a bad deal for U.S. consumers.
The US President has signed an executive order to impose the levy on aluminium and steel starting from 12 March.
The administration is reportedly working with the steelmaker on the transition of the property.
The industry body welcomed the swift action by the Mexican government in arranging a trade dialogue with the U.S. this Thursday.
Vietnam and South Korea, China's top two steel export destinations among others, announced in February the imposition of anti-dumping duties on some Chinese steel products.
The spokesperson declined to specify the total number of employees at the Lafayette plant.
Meanwhile, Everton said that it is a privilege for him to take up the position and an honour to succeed Jefferson.
The U.S. price of copper surged by 13%, outpacing the 8% rise observed at the London Metals Exchange (LME).
Over the course of the week, the United States produced 1.641 million net tons (NT) of domestic raw steel.
The blog noted that recycling is at the core of Novelis’ business model.
A weaker dollar makes greenback-priced commodities cheaper for buyers holding other currencies.
The move was prompted by requests from Hoa Phat Dung Quat Steel JSC and Formosa Ha Tinh Steel Corporation to safeguard domestic production.
Lone Star VFD responded with three trucks, including one tanker.
The investigation covers multiple copper forms, including raw ore, refined metal, alloys, scrap, and finished products.
