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Harris expected to voice opposition to US Steel sale at Pennsylvania rally

Vice President Harris is expected to voice her opposition to the U.S. Steel divestment at a joint rally with President Biden in Pennsylvania on Monday. According to her campaignHarris is expected to say U.S. Steel should remain domestically owned and operated and to emphasize her commitment to always support American steelworkers. The comments are in […]

Biden Administration Imposes Tariffs On Steel And Aluminum Shipped From Mexico

The White House announced in a press release Wednesday they would be imposing tariffs on steel and aluminum imports shipped to the U.S. through Mexico. President Joe Biden accused “foreign producers” of increasing their steel products shipped through Mexico in order  “to circumvent the duties on steel articles” imported into the U.S. in the statement. Biden […]

Biden targets China with new tariffs on steel and aluminum

President Biden on Wednesday announced new tariffs on imported steel and aluminum to keep cheap Chinese-produced metals out of the U.S. market and protect domestic production ahead of the November election. The new tariffs will focus on steel and aluminum imports from Mexico, which is a transit route for many China-origin products as the U.S. […]

‘Trump’ Stocks Are Rising: Banks, Managed Care, Steel – Barron's

Stocks that could benefit from a Trump presidency, such as banks, managed care companies and steelmakers, rose on Friday, while green energy stocks fell. President Biden’s weak performance in Thursday’s debate appears to be prompting investors to bet against “Trump” stocks and sell stocks that could lose money if Donald Trump wins in November. All […]

U.S. Steel Prices Pressured by Influx of Vietnamese Imports – OilPrice.com

via Metal Miner of Monthly Metals Index (MMI) From May to June, it remained stable with a small decrease of 1.33%. Overall, U.S. flat steel prices were weak, with declines accelerating throughout June. HRC prices fell about 9%, their biggest month-on-month decline since February. CRC and HDG prices each fell 6%, while flat steel prices […]

Biden slaps tariffs on Chinese EVs, steel in pre-election escalation of Trump trade war

WASHINGTON – President Biden announced new tariffs on Chinese goods on Tuesday. Former President Donald Trump is escalating his trade war with China while trying to narrow the Republican lead in economic polls. The tariffs will apply to about $18 billion a year in imports, including metals such as steel and aluminum. Green energy technologies […]