Posts Tagged: Steel

U.S. Steel CEO: ‘This country has been in a trade war for decades, and it needs to end now’

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United States Steel Corp. CEO David Burritt said on Wednesday that he’s confident that the Trump administration will take strong action against foreign imports that have been harming the domestic steel industry. U.S. Steel (NYSE: X) and other metals manufacturers have been awaiting the results of an investigation into the potential for tariffs or quotes on foreign-made… Read more »

The national security case for using tariffs to protect American steel

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   © Getty Images The Trump administration is considering action under a rarely used provision of the U.S. trade laws — Section 232 of the Trade Expansion Act of 1962 — to address national security concerns related to steel and aluminum imports. Perhaps unsurprisingly, the prospect of higher tariffs on even a small share of… Read more »

Nucor CEO says the US is losing a ‘trade war’ in steel to ‘predatory countries like China’

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As Washington lawmakers wrestle over health care, Nucor CEO John Ferriola sees a much more pressing issue at hand that affects more than just his steel-producing company. “There’s no doubt we’re in a trade war. We are losing that trade war. It is time to take action to support the American industry and the American people. And… Read more »

The steel industry is in crisis, and it’s a national security problem

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by John Adams | Jul 9, 2017, 12:01 AM    Since retiring as a brigadier general after a 30-year career in the U.S. Army, I have continued to work to find ways to strengthen America’s national security. To that end, I recently prepared a report that studied supply chokepoints in the American defense industrial base. One of its conclusions:… Read more »

US steelmakers seeing light at end of tunnel: Nucor CEO

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Washington (Platts)–23 May 2017 540 pm EDT/2140 GMT As steel has taken on a more prominent role in Washington in 2017, it’s leading to a more positive outlook for US steel producers, according to Nucor CEO John Ferriola. “We can actually see a light at the end of the tunnel, and this time it’s not… Read more »

Great Story about the modern American Steel Industry

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Evanoff: Donald Trump, meet John Correnti — he took a risk on jobs Ted Evanoff , USA TODAY NETWORK – TennesseePublished 3:44 p.m. CT March 1, 2017 | Updated 4 hours ago Buy Photo (Photo: Mark Weber/The Commercial Appeal) 1CONNECTTWEET 1LINKEDINCOMMENTEMAILMORE You heard President Donald Trump on Tuesday night tell Congress — tell the world,… Read more »

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