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 →
Thyssenkrupp fails in steel case, hasn’t lagged peers March 16, 2021 The U.S. Court of International Trade has ruled against Thyssenkrupp’s appeal regarding the process for granting exemptions from section 232 duties on imports of steel and aluminum. That’s just one of many legal challenges that the Trump administration’s tariffs have faced. The duties are like... Read more →
Ternium, Metal One have USMCA choice to make as Mexico turns on charm July 22, 2020 The Mexican government plans to attract manufacturers to invest in the country after the launch of the U.S. Mexico Canada Agreement on July 1 brings “opportunities that open up with this increase in regional content requirements”, according to Economy Minister Graciela Marquez. The autos and s... Read more →