Shares of BlueScope Steel hit a two-month high on Monday after U.S. President Donald Trump said he will announce 25% tariffs ...
"U.S. steel mills will use the tariffs as leverage vs. buyers to garner higher pricing," Gibbs added. Futures prices for hot-rolled coil steel (HRN00) rose 1.8% in recent trading toward a five ...
That said, it is important to note that Trump has yet to say anything about steel specifically. Combined with anti-dumping measures, potential tariffs could ... hot rolled coil notably serves ...
Aluminum and steel were among the first tariffs to be enacted during President Donald Trump’s first term. A revival of those measures is expected Saturday, which would affect millions of tons of ...
SIOUX CITY, Iowa (KCAU) — Officials at State Steel in Sioux City say they have been preparing for the implementation of steel tariffs. State Steel owner Dave Bernstein says he’s hopeful the impact of ...