US and Mexico take action to curb 'unfair' trade
Biden decreed that steel imports from Mexico again be subject to 25% Section 232 tariffs – unless the products are melted and poured in Mexico, the U.S., or Canada.
Contributor: Laura Miller
Laura Miller
Read more from Laura Miller SMU: Biden boosts tariffs on Chinese imports, steel and aluminum hit hard
White House Unleashes Trade Blitz Against China: Steel, Aluminum Tariffs Soar Amidst Growing Tensions
Dodge Momentum Index rebounds on surge of data center planning
The index had been flat for much of the second half of last year. It then steadily began falling, hitting a two-year low in March, before bouncing back in April.
Fed Beige Book: Economy improves, but manufacturing weak
Only three districts reported growth for the manufacturing sector: Atlanta, Philadelphia, and St. Louis.
Cliffs plans to replace Middletown BF with DRI, EMF plant
The plans are being made possible by a grant of up to $500 million from the Department of Energy’s Industrial Demonstrations Program.
Sims sees US as bright spot in scrap world
Sims sees US as bright spot in scrap world
Steel market chatter this week
What's the steel market talking about at present? The post Steel market chatter this week appeared first on Steel Market Update.
Steel market chatter this week
SMU polled steel buyers on a variety of subjects this past week, including purchasing practices, steel sheet prices, scrap, and the future market. The post Steel market chatter this week appeared first on Steel Market Update.
SMU Community Chat: Algoma’s CEO talks prices, decarb, raw materials
Algoma Steel’s CEO Michael Garcia joined SMU Managing Editor Michael Cowden for a Community Chat on Wednesday, Nov. 29. A great discussion was had on topics ranging from plate pricing to decarbonization efforts, raw materials strategies, and more. The post SMU Community Chat: Algoma’s CEO talks prices, decarb, raw materials appeared first on Steel Market Update.
Greenwave Posts Another Quarterly Loss, Financial Troubles Build
Virginia-based metal recycler Greenwave Technology Solutions revealed its financial troubles in its 10-Q quarterly report released on Nov. 14. The post Greenwave Posts Another Quarterly Loss, Financial Troubles Build appeared first on Steel Market Update.