Tag: tariffs

Republic Steel’s shuttered facilities in Lorain, Ohio, could find new life as international steelmakers, citing US tariffs, explore restarting operations there.

German Economy Minister Katherina Reiche expressed frustration with US levies on steel and aluminum products. The US contends the EU is unfairly targeting its big tech firms.  

Wiley attorneys Alan Price and Ted Brackmeyer argue that significant changes to the USMCA and continued Section 232 tariffs on Canada and Mexico are needed to support American steelmaking.

SMU sits down with Barry Zekelman to talk North American trade and the state of the US and Canadian steel industries.

The price gap between stateside hot band and landed offshore product shrank week over week (w/w).

The whole world waits for the Supreme Court to rule on the validity of President Trump’s International Emergency Economic Powers Act (IEEPA) tariffs. Meanwhile, the ground is shifting. Just this past week, the president changed the direction of tariff policy. He belatedly concluded that taxes on imports of products that we don’t make in the United States are inflationary

Wiley Law trade attorneys, Alan Price and Robert DeFrancesco, offered legal expertise to steel and aluminum market participants on Thursday’s SMU Community Chat. 

US steel and manufacturing industries say they face a new set of uncertain market factors due to the government’s shutdown and the potential repeal of “reciprocal” tariffs.  

Want to know the latest on Trump, tariffs, and trade policy – and the impact on both steel and aluminum? Join Steel Market Update (SMU), Aluminum Market Update (AMU), and leading law firm Wiley for a Community Chat on Thursday, Nov. 13, at 11 am ET.

The gap between US hot band prices and imports narrowed slightly. But with the 50% Section 232 tariffs, most imports remain more expensive than domestic material.

The Canadian Steel Producers Association (CSPA) applauded the passage of the Canadian federal budget, which includes several measures that aid their domestic steel industry.

US President Donald Trump and Chinese President Xi Jinping on Thursday had a much-anticipated meeting. Is it only a hiatus in the trade war, or did it really change the situation? I suspect the former, I but hope for the latter.

Gerdau’s North American profits rose in the third quarter, boosted by a decline in imports due to Section 232 steel tariffs.

President Trump’s decision to suspend trade negotiations with Canada has crushed short-term expectations of any relief for Canadian producers or the US Midwest P1020 premium.

North American auto assemblies declined in September, down 5.1% vs. August. And assemblies were also down 1% year on year.

NEMO Industries CEO talks cost and reasoning behind a $3-billion pig iron project in Louisiana.

US President Donald Trump took to social media late Thursday night to announce he was canceling trade talks with Canada.

What's on steel buyers' minds this week? We asked about market prices, demand, inventories, tariffs, imports, and other evolving market trends. Read on for buyers' comments in their own words...

The Americas segment of Swedish steelmaker SSAB delivered a stable third quarter, but with weaker shipments and continuing cautious demand. Plate prices held, but tariffs, slowing end-user demand, and...

Want to know the latest on Trump, tariffs, and trade policy - and the impact on both steel and aluminum? Then join SMU, AMU, and leading law firm Wiley for a Community Chat on Thursday, Nov. 13, at 11 am ET.

Medium- and heavy-duty trucks (MHDV) and buses imported to the US will start being charged Section 232 tariffs beginning Nov. 1.  

On Oct.10, President Trump announced major increases in tariffs on Chinese goods. The trigger was a new regime of export controls on rare earth metals and products using those elements, including magnets, capital equipment, and catalysts for catalytic converters in cars and trucks.

Genuine demand, they stated, will return when the market feels stable again.

The Department of Commerce received 97 submissions from producers, manufacturers, and groups seeking Section 232 tariff coverage for steel and aluminum derivative products.

As it accelerates an ambitious push to reshore American bicycle manufacturing, Guardian Bikes is seeking special tariff consideration for the bicycle industry.

SMU’s average price for domestic hot-rolled (HR) coil was $795 per short ton (st) this week, sideways week on week (w/w). The move was different in offshore markets last week, as prices eased marginally.

Tariffs are ultimately to blame for stagnant demand in the hot-rolled coil market, domestic market sources tell SMU.

U.S. Steel is suing Algoma over the Canadian flat-rolled producer's rejection of iron pellet shipments, arguing it has breached its contract.

Earlier this week, SMU polled steel buyers on an array of topics, ranging from market prices, demand, and inventories to tariffs, imports, and evolving market events.

Canadian Prime Minister Mark Carney and US President Donald Trump told reporters at the White House on Tuesday that they’ll be formulating a trade deal that works for both nations.