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Despite tariffs and rising costs, the steel industry might also have pricing power

Jun 3, 2021
After a difficult 2020, VP of RM Metals in New Jersey Sam Desai talks about the outlook for his company and for the steel sector writ large.
A steel manufacturer in Harvey, IL.
Scott Olson/Getty Images

The steel market is hot, but it won't last forever

Mar 16, 2021
Delaware Steel President Lisa Goldenberg talks soaring steel prices and the possibility of a Biden infrastructure bill.
"Suppliers are making steel as fast as they can," Lisa Goldenberg says. Lead times are the "longest they've been in probably 15 years."
Scott Olson/Getty Images

Challenges to output a "mixed blessing," says steel company chief

Nov 13, 2020
With COVID and trade barriers limiting supply, her inventory is worth more but replacing it isn't simple.
Lisa Goldenberg welcomes increased demand for vehicles and household appliances but has grappled with supply and price trends.
Andreas Rentz/Getty Images

Trump administration plans additional tariffs on steel and aluminum

Jan 27, 2020
Tariffs from 2018 made raw metals from outside the country more expensive. Now finished products could get extra taxes, too.
A worker cutting steel at a factory in Huaibei in China's eastern Anhui province in May 2018.
AFP via Getty Images

What new import tariffs mean for one American steel company

Dec 5, 2019
"People are scrambling to buy steel," said Lisa Goldenberg, president of Delaware Steel Co.
Brazilian and Argentinian steel on the way to the United States got 25% more expensive after the president's tweet.
Daniel McNew/Getty Images

Could tariffs make U.S. businesses less productive in the long run?

May 24, 2019
Higher tariffs on Chinese imports, especially those that are used to make things in the U.S., can cut efficiency and competitiveness, experts say.
Chinese shipping containers that were unloaded at the Port of Long Beach in Los Angeles County in 2018.
Mark Ralston/AFP/Getty Images

Changing supply chains isn't as easy as 1, 2, 3

May 22, 2019
Some companies are better suited to change where they get things made than others.
BRENDAN SMIALOWSKI/AFP/Getty Images

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Where do things stand with the trade war?

May 6, 2019
It's been kinda hard to keep up.
The U.S. flag flies over shipping cranes and containers in Long Beach, California, in March.
Mark Ralston/AFP/Getty Images

My Economy: Dealing with trade uncertainty

May 6, 2019
Todd Adams just wants to see an end to trade and tariff volatility between the U.S. and China.
"I can’t say that we’ve shifted any more manufacturing back to the U.S. based on the tariff," said Todd Adams, president of stainless steel manufacturing company Sanitube, about last year's steel tariff. Above, a steel market in China in 2018.
AFP/Getty Images

Tariff exemption process remains "frustrating" for companies submitting applications

Nov 7, 2018
Ronnie Smith at McMahon Steel is not convinced the people evaluating his requests were prepared to do so.
A worker handles steel cables at a factory in Nantong in China's eastern Jiangsu province in July. 
AFP/Getty Images