by | Feb 26, 2025 | Industry News
Section 232 tariffs critical to combat trade distortions: Cleveland-Cliffs CEO [X] Published by: Alesha Alkaff 25 Feb 2025 @ 17:05 UTC The recently imposed Section 232 tariffs on steel enacted by US President Donald Trump are vital in curbing steel overproduction and...
by | Feb 26, 2025 | Industry News
Cleveland-Cliffs to invest $100 mln in Middletown, Butler, Weirton projects in 2025; BF6 to remain idled [X] Published by: Alesha Alkaff 25 Feb 2025 @ 18:06 UTC US steelmaker Cleveland-Cliffs is aiming to invest $100 million in its projects in Middletown, Ohio;...
by | Feb 26, 2025 | Industry News
Cleveland-Cliffs reasserts opposition to US Steel sale [X] Published by: Rachel McGuire 25 Feb 2025 @ 18:40 UTC Cleveland-Cliffs chief executive officer Lourenco Goncalves again emphasized his position on the proposed sale of US Steel to Japan-owned Nippon Steel,...
by | Feb 26, 2025 | Industry News
Alcoa anticipating 35% ‘stacked tariff’ rate on Canadian aluminum if tariffs happen: CEO [X] 02/25/2025 20:37:41 UTC | News Author Anthony Rizkala, anthony.rizkala@spglobal.com | EN | * Company expects Midwest Premium could reach $0.50-$0.55 * Tariffs could result in...
by | Feb 26, 2025 | Industry News
Canadian steel producers lay off workers, cancel projects in response to US tariffs [X] Published : 02/24/2025 20:23:49 UTC | News Author Anthony Rizkala, anthony.rizkala@spglobal.com | EN | * 140 workers laid off due to tariff-induced demand drop * Steel group urges...