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Tariffs, End-Market Shifts Fuel Global Metals Industry’s Expansion Into the U.S.

Ian Myers, managing partner at Kalibr Partners, said the US$14 billion deal between United States Steel Corporation and Nippon Steel encouraged other companies to investigate their own possible mergers and acquisitions opportunities within the U.S., Manufacturing Drive reported. 

“Part of [the companies’ motivation] is to get around tariffs. Part of it is because they expect growth,” said Vince Pappalardo, managing director and leader of the metals and advanced metals manufacturing group at Brown Gibbons Lang & Co. 

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