Posco, Thyssenkrupp may be preparing for an elusive tariff cut April 8, 2021 U.S. section 232 import duties, applied for national security reasons, have “helped save American jobs in steel and aluminum industries” according to U.S. Commerce Secretary Gina Raimondo. There will continue to be “a place for tariffs” going forward, even though that likely will continue to c... Read more →
Biden’s steel deal with Europe faces utilization hurdle January 19, 2021 U.S. industrial capacity utilization has continued to improve in December, with the average across all industries reaching 74.5% from a trough of 64.2% in April. The metals industry has also seen a significant rebound with iron and steel utilization reaching 74.2% in December compared to a tro... Read more →
Life after the elections: Biden’s EU deal may be limited to steel, initially December 7, 2020 The European Commission has sent a set of proposals for future collaboration to President-elect Biden ranging across trade and environmental policies, including the aim to “solve bilateral trade irritants”. The latter likely includes issues involving aerospace subsidies, steel / aluminum dutie... Read more →
United States
中文