Steel News

Hopes Buoyed for U.S.-Canada NAFTA Deal

30 August 2018 - Trade negotiations between the U.S. and Canada have taken a turn for the better, with officials on both sides suggesting that they think they can come to terms on a new North American Free Trade Agreement by Friday.

AISI: NAFTA Agreement Must Include Canada

27 August 2018 - The American Iron and Steel Institute called on the Trump administration on Monday to negotiate a revised North American Free Trade Agreement that includes Canada.

Mexican Steel Group Talks Quotas Instead of Tariffs with Trump Administration

24 August 2018 - The Trump administration reportedly is discussing the potential of lifting the 25% tariff on Mexican-made steel in exchange for accepting an import quota, according to Reuters news service.

Commerce Department Takes Action on Pipe Imports

23 August 2018 - The U.S. Department of Commerce has found that producers of large-diameter welded pipe in six countries have been dumping product and undercutting domestic prices.

Mittal: Steel Tariffs Have Been a ‘Net Positive’ for Company

02 August 2018 - Rising steel prices and healthy demand propelled ArcelorMittal’s second-quarter profits to US$1.9 billion, its best quarterly finish since 2011. And chief executive Lakshmi Mittal is thanking one person: U.S. President Donald Trump.

U.S., EU Hope to 'Resolve' Steel Tariffs

26 July 2018 - U.S. President Donald Trump and European Commission President Jean-Claude Juncker announced Wednesday that the two economies would work toward removing tariffs on industrial and goods and “resolve” the 25% steel tariffs imposed by the U.S.

U.S. Mills Expand Circumvention Claims Against Processed Sheet From Vietnam

14 June 2018 - U.S. producers are accusing their South Korean counterparts of circumventing anti-dumping duties by shipping coils to Vietnam for processing into cold-rolled and corrosion-resistant sheet, reports Metal Bulletin.

Senators Look to Block Trump on Section 232 Tariffs

07 June 2018 - A bipartisan group of senators have introduced a bill requiring Congressional approval on tariffs imposed in the name of national security.

EU to Move Ahead with Tariff Complaint at WTO

01 June 2018 - The European Union said it is filing a complaint with the World Trade Organization over the U.S. decision to impose the Section 232 tariffs on steel and aluminum.

Anger Over Steel Tariff Decision Overshadows G-7 Meeting

01 June 2018 - The Trump administration’s decision to impose the Section 232 steel and aluminum tariffs on Mexico, Canada and the European Union has supplanted the agenda at a G-7 meeting of central bankers and finance officials in Canada, reports the Bloomberg news service.

USW: Section 232 Tariff on Imported Canadian Steel is 'Unacceptable'

01 June 2018 - The United Steelworkers union slammed the Trump administration for imposing the 25% tariff on imported Canadian steel, saying that it is unacceptable to subject America’s closest ally to a measure pegged to national security.

House Speaker Breaks With Trump Administration on Section 232 Tariff

01 June 2018 - House Speaker Paul Ryan has come out against the Trump administration’s decision to subject the country’s closest allies to the Section 232 steel and aluminum tariffs.

EU, Canada and Mexico Will Face 25% Steel Tariff

31 May 2018 - The Trump administration is going ahead with its 25% tariff on steel imports from Mexico, Canada and the European Union and will begin assessing it on Friday.

Another Protest Filed Against Section 232 Tariffs

23 May 2018 - India has become the latest country to file a complaint with the World Trade Organization over the Trump administration’s 25% tariff on imported steel, reports the Reuters news service.

Mnuchin: Tariffs on Chinese Steel Will Remain

22 May 2018 - Although the U.S. has agreed to hold off on imposing US$150 billion in tariffs on Chinese technology and other products, the Section 232 tariffs on Chinese steel will remain, Treasury Secretary Steven Mnuchin said.

Commerce Department Sides with U.S. Cold-Rolled, Corrosion-Resistant Producers in Circumvention Case

18 May 2018 - Overseas producers were circumventing U.S. anti-dumping measures by converting Chinese-made, hot-rolled coils to corrosion-resistant and cold-rolled steel in Vietnam, the U.S. Commerce Department ruled on Thursday.

Newport: Steel Tariffs Prompting Discussions About Excess Capacity

08 May 2018 - Any criticisms of the Section 232 tariffs notwithstanding, they certainly have sparked discussions among the world’s countries on excess steel capacity, AK Steel Corp. chief executive Roger Newport said Tuesday.

Section 232 Tariffs Jeopardize European Steel Recovery, EUROFER Says

08 May 2018 - New investment and steel exports helped support healthy steel demand in the EU last year, but the U.S. Section 232 tariffs potentially could offset the gains, according to the European Steel Association (EUROFER).

Chinese Steel Exports Increase in April

08 May 2018 - China’s steel exports rose 14.7% in April to reach their highest level in eight months, according to the Reuters news service.

NAFTA Talks Reach Critical Stage

07 May 2018 - The negotiations over revisions to the North American Free Trade Agreement are entering a critical period this week as officials from Canada, Mexico and the U.S. look to resolve differences before elections change the equation, according to the Reuters news service.