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U.S. and EU trade agreement seeks reduction of "dirty steel"

Nov 1, 2021
The pact lifts U.S. tariffs on European steel and European Union duties on bourbon and Harley-Davidson motorcycles.
President Joe Biden at the G-20 summit in Rome, where the U.S. announced it would roll back tariffs imposed on imported EU steel and aluminum.
Brendan Smialowski/AFP via Getty Images

Trade disputes high on Biden's European trip agenda

Jun 9, 2021
Tariffs on wine, cheese, steel and aluminum are among the issues to be resolved.
The first couple arrives in England ahead of the G-7 summit. Biden is expected to try to resolve  disputes involving tariffs on wine, cheese, steel and aluminum.
Brendan Smialowski/AFP via 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

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

For steel business, pandemic poses new kind of uncertainty

The coronavirus makes planning and logistics even more difficult for industry coming off trade war with China.
Keystone/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

Ahead of a U.S.-China trade deal, uncertainty still dominates the steel business

Jan 14, 2020
We look back at the chaos tariffs have inflicted on RM Metals in New Jersey.
Steel coils produced at the NLMK Indiana mill are prepared for shipping in Portage, Indiana, in 2018.
Photo by Scott Olson/Getty Images

For public good, not for profit.

After a year of tariffs, steel industry deals with "chaos fatigue"

Apr 17, 2019
Exhausted and burdened, businesses are ready for new policy on steel trade.
A worker prepares to lift a roll of steel with a crane at a shipyard in Nantong in China's eastern Jiangsu province in May.
AFP/Getty Images

My Economy: The personal cost of a year of tariffs

Mar 19, 2019
For Sam Desai, vice president at RM Metals, a year of tariffs on his balance sheet changed his work habits.
Tom Mihalek/Getty Images

U.S.-imposed tariffs are hitting American firms’ bottom line

Sep 27, 2018
The CEO of one of the nation’s largest automakers says metal tariffs imposed by the Trump administration earlier this year have cost his company $1 billion in profits and sales. Ford boss Jim Hackett made the comment at a gathering of business leaders in New York on Wednesday. The administration imposed the steel and aluminum […]
Jim Hackett, president and chief executive officer, Ford Motor stands outside the headquarters as they celebrate the production of the 10,000,000 Mustang on August 8, 2018 in Dearborn, Michigan.
JEFF KOWALSKY/AFP/Getty Images