SELECT LANGUAGE BELOW

Trump tariffs responsible for $43M steel growth in Michigan, according to the White House.

Trump tariffs responsible for $43M steel growth in Michigan, according to the White House.

Expansion of Steel Operations in Michigan Draws Mixed Reactions A local steel manufacturer’s decision to invest $43.4 million in expanding its operations in Michigan has garnered praise from the White House, though the state’s Democratic governor expressed a different sentiment. White House press secretary Khush Desai commented to Fox News Digital, “Democrats like Gretchen Whitmer […]

South Africa Introduces Significant Tariffs on Chinese Steel

South Africa Introduces Significant Tariffs on Chinese Steel

South Africa Imposes High Tariffs on Chinese Steel On Friday, South Africa’s International Trade Administration Commission (ITAC) declared it would enforce substantial tariffs on imported steel from China, following an investigation that revealed product dumping. Specifically, the tariff rate on structural steel from China will now be set at 74.98%, which is a significant increase […]

Steel Service Center President Claims Trump’s Tariffs Rescued Business in Georgia

Steel Service Center President Claims Trump's Tariffs Rescued Business in Georgia

During President Donald Trump’s visit to a family-run steel service center in Georgia, the company’s president expressed strong support for the president’s tariff policies, just a day before the Supreme Court struck down many of those tariffs. Andrew Saville, the president of Coosa Steel, noted that orders for tire racks began to surge in July […]

Allen West: Trump’s Tariffs on Aluminum and Steel Are Essential for National Protection

Allen West: Trump's Tariffs on Aluminum and Steel Are Essential for National Protection

Historic Dawn for Middle East Peace President Donald Trump recently declared a new era of peace in the Middle East following a significant agreement, addressing the Knesset, Israel’s parliament. This moment, he stated, marks a historic dawn. While promoting the idea of “Peace through power” in the Middle East and beyond, President Trump is also […]

Midday stock movements: Webtoon Entertainment, Steel Dynamics, Hims & Hers and others

Midday stock movements: Webtoon Entertainment, Steel Dynamics, Hims & Hers and others

Market Update: Key Moves in Various Companies In recent trading news, Webtoon Entertainment’s stock surged by 31% following an agreement to develop a digital comics platform for Disney. Additionally, they will be selling a 2% stake to the media giant. On the flip side, Emerson Electric saw its shares drop by 4.5%. The company’s management […]

Steel Prices in the U.S. Keep Dropping as Demand Slows Down

Steel Prices in the U.S. Keep Dropping as Demand Slows Down

Monthly Metals Index for Raw Steel The Raw Steel Monthly Metals Index (MMI) remained relatively stable but leaned towards the negative side, with a decline of 0.96% from August to September. US Steel Prices Seeking a New Low As of early September, hot roll coil prices have dipped to their lowest since February 21. This […]