Steel and Iron

Trump Imposes 25% Tariffs on Steel and Aluminum From Foreign Countries

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Trump Imposes 25% Tariffs on Steel and Aluminum From Foreign Countries

President Trump announced sweeping tariffs on foreign steel and aluminum on Monday, re-upping a policy from his first term that pleased domestic metal makers but hurt other American industries and ignited trade wars on multiple fronts. The president signed two official proclamations that would impose a 25 percent tariff on steel and aluminum from all … Read more

U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders

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U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders

For more than a year, U.S. Steel pursued an ambitious solution to its mounting challenges. Once a symbol of American industrial might, it had agreed to a takeover by Nippon Steel, a Japanese rival, in a bid to ward off obsolescence. Citing the need to finance a costly modernization of its mills, U.S. Steel warned … Read more