Steel News

Economists To Trump: Don't Impose Section 232 Steel Tariffs

12 July 2017 - A group of economists who all served as U.S. presidential advisers are warning that new restrictions on imported steel could harm relationships with allies and damage the economy.

EUROFER Upbeat on Steel's Prospects for Remainder of Year

11 July 2017 - The European Union’s first-quarter apparent steel consumption rose 3.1% year-over-year and is expected to grow through the remainder of 2017, but U.S. steel trade policies could have “disastrous” consequences, according to EUROFER, the European Steel Association.

European Union Prepared to Launch Retaliatory Trade Measures at U.S.

07 July 2017 - European Commission President Jean-Claude Juncker reiterated promises that the E.U. would retaliate against the U.S. if it moves to impose new unilateral steel import restrictions.

EUROFER Urges U.S. to Rethink Steel Import Strategy

06 July 2017 - With the Group of 20 summit set to begin Friday in Germany, the European Steel Association is calling on member nations to renew commitments to free and fair trade – and on the U.S. to think carefully about imposing restrictions on European steel imports.

Report: Trump Wants Steel Tariffs. The Rest of His Administration Doesn't.

30 June 2017 - U.S. President Donald Trump and a few of his advisers are “hell-bent” on imposing steel tariffs, despite the objections of many others in his administration, according to the online publication Axios.

U.S. OKs Tariffs on Imported Rebar

19 June 2017 - The U.S. International Trade Commission has cleared the way for the imposition of new tariffs on imported rebar from two countries.

NATO Members to Trump: Not All Steel Imports Are a National Security Risk

19 June 2017 - Some of NATO’s European members are pressing the Trump administration to rethink setting restrictions on steel imports based on national security concerns, reports the (London) Financial Times.

U.S. Line Pipe Producers Weighing Trade Action After Losing Major Order to Russian-Owned Company

12 June 2017 - U.S. line pipe producers said they are considering whether to file a trade complaint over Canadian-made large-diameter pipe after losing what they said is a US$100 million order to EVRAZ North America.

U.S. Steel Imports Study Nearing Completion, Commerce Secretary Says

08 June 2017 - The U.S. Commerce Department soon will complete its review of whether steel imports pose a risk to national security, Commerce Secretary Wilbur Ross said Thursday, according to the Reuters news service.

Trump: ‘Wait’ll You See What I’m Going to Do”

07 June 2017 - U.S. President Donald Trump visited Cincinnati, Ohio, on Wednesday, where he promised action soon on steel dumping and promised to investments in infrastructure.

Steel Groups Offer NAFTA Recommendations

06 June 2017 - Six North American steel industry groups have issued a joint policy statement outling their wishes for a revised North American Free Trade Agreement.

U.S. Commerce Department OKs Rebar Duties

17 May 2017 - The U.S. Commerce Department has finalized tariffs on rebar from Japan and Turkey, affirming that producers in those countries have undercut domestic prices.

China Reduces Its Ability to Make Steel, But Not Its Desire

16 May 2017 - China is more than halfway to achieving its goal of cutting 50 million metric tons of crude steel capacity this year, according to Xinhua, the country’s official news agency.

Japan: U.S. Anti-Dumping Ruling ‘Unjust’

09 May 2017 - Japan’s steel producers are weighing their options following a U.S. decision last week to impose tariffs on cut-to-length plate from Japan and seven other countries.

So Far This Year, China Is Exporting Less Steel

08 May 2017 - China’s steel exports have declined 26% through the first third of the year, according to S&P Global Platts.

U.S. Trade Commission Affirms Tariffs on Cut-to-Length Plate

07 May 2017 - U.S. steel producers indeed have been harmed by imported cut-to-length plate from eight countries, the U.S. International Trade Commission (ITC) has affirmed.

China Ambassador Nominee Says He'd Work to Stop Steel Dumping

02 May 2017 - With compliments aplenty during his confirmation hearing on Tuesday, Iowa Gov. Terry Branstad is likely to be confirmed as the U.S. ambassador to China, according to reports.

Trump's Trade Stance Worries Japanese Steelmakers

25 April 2017 - Japan Iron and Steel Federation chairman Kosei Shindo said the country’s steelmakers are concerned by what they said is U.S. President Donald Trump’s protectionism, reports the Reuters news service.

Investigation to Assess National Security Risks of Steel Imports

20 April 2017 - The Trump Administration has opened an investigation into whether steel imports are threatening national security, invoking a seldom-used, 55-year-old law that gives the president the right to restrict imports due to national security concerns.

U.S. Trade Officials Initiate Wire Rod Investigation

19 April 2017 - The U.S. Department of Commerce has launched a dumping investigation into carbon and alloy wire rod from 10 countries.