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Marketplace Morning Report

Less than zero

Sep 17, 2019

It's "Steelmageddon" after nearly 18 months of trade war

by Andie Corban and Kai Ryssdal Sep 17, 2019
"Prices are just tumbling every day," says Lisa Goldenberg, president of Delaware Steel Co.
A lift moves giant spools of steel in Germany.
Sean Gallup/Getty Images
Trade showdown

Exemptions for steel tariffs are still in limbo

by Amy Scott and Phoebe Unterman Oct 2, 2018
We check in with a stainless steel producer who is still trying to get reimbursed for tariffs he believes he wrongfully paid.
Steel is loaded onto a truck for shipping at the NLMK Indiana steel mill in March in Portage, Indiana.
Scott Olson/Getty Images
Trade showdown

Life's good in the sector tariffs were intended to protect

by Sean McHenry and Kai Ryssdal Aug 21, 2018
A steel producer stands behind Trump's decision to implement tariffs.
A worker trims a newly cast steel slab at the NLMK Indiana steel mill in March in Portage, Indiana. 
Photo by Scott Olson/Getty Images
My Economy

A longtime British steelworker describes how the industry has changed

by Marketplace Staff Jun 28, 2018
"At the moment none of us know what the future holds."
In Port Talbot, Wales, the sale of the Tata Steel plant put thousands of jobs at risk and hit the already floundering U.K. steel industry hard in 2016.
Christopher Furlong/Getty Images

Is your car at risk from Kobe Steel's potentially sub-par aluminum?

by Jed Kim Oct 10, 2017
Kobe Steel in Japan has admitted that some of its employees falsified strength data of some of its rolled aluminum. That metal is used in a lot of things worldwide, like cars, planes and trains. Investigations are underway, but what…

Uncertainty over U.S. trade policy frustrates allies

by Annie Baxter Jun 30, 2017
Do imports of foreign steel and aluminum compromise national security? President Trump told the Commerce Department to speed up its investigation of that question and come back with some answers today. It didn’t happen. Officials said that was due to…

U.S. ponders steel tariffs and retaliation risk

by Kimberly Adams Jun 14, 2017
President Trump has made much of his plans to boost American steel, and there’s an investigation underway at the Department of Commerce to determine if the steel industry should be deemed crucial to our national security. That would pave the…

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Infrastructure spending could be good news for the steel industry — if it ever happens

by Kai Ryssdal May 18, 2017
It's time to take away the 'distracting toys and get back to work,' says Lisa Goldenberg of the Delaware Steel Co.
"We better get started on infrastructure now or our grandchildren won't even begin to see it," Lisa Goldenberg says.
Tom Pennington/Getty Images

Why a steel tariff could hurt instead of help

by Adam Allington Apr 20, 2017
President Trump could sign an executive order tomorrow triggering an investigation into competition in the steel industry. That in turn could lead to new tariffs on foreign steel. The idea would be to protect the U.S. steel industry, but often…

Chinese entrepreneur plans big UK investment

by Stephen Beard Jan 5, 2017
People in Sheffield, a the former steel hub, have mixed feelings about the plan.
The word 'Sheffield' sits in the entrance gates to Sheffield Forgemasters International Ltd. in Sheffield, northern England on August 27, 2015. 
OLI SCARFF/AFP/Getty Images