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Dealing with shifts in the steel market

Jun 14, 2022
"When you take out major players, anything that destabilizes the world economy affects steel, affects all of us," says Lisa Goldenberg, president of Delaware Steel Company.
The war in Ukraine and ongoing inflation may be negatively affecting the steel market.
David McNew/Getty Images

While trade policy could tame inflation, it's no silver bullet

May 23, 2022
Tariffs won't go away altogether. Some reduction could impact prices, but not immediately.
A measure being considered in Congress proposes establishing a mechanism to review, and possibly restrict, some American companies from investing in China.
cbarnesphotography/Getty Images

Trump-era export tariffs are still rattling British steelmakers

Jan 19, 2022
President Biden lifted a 25% tariff from European Union steel, but British steelmakers complain that they’re being unfairly penalized.
Then-President Donald Trump poses with the 2018 steel import proclamation, which added a 25% tariff on imported steel. President Joe Biden has lifted the tariff for countries in the European Union but not for the United Kingdom.
Chip Somodevilla/Getty Images

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

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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