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Higher tariffs may be bad for trade, but good for the environment

Oct 16, 2023
Recent research finds that higher tariffs on dirtier imports could reduce carbon emissions.
Steel production in the U.S. is a lot cleaner now than before the 1970s, thanks to the use of more energy-efficient electric arc furnaces. Above, a steel plant in Pennsylvania.
Drew Angerer/Getty Images

U.S., Europe work to hammer out new agreement on tariffs

Sep 8, 2023
Remember those steel and aluminum tariffs that were supposed to target China but also pulled in Europe and Canada? Most of them still exist.
The Trump-era tariffs were imposed with the legal justification of protecting America’s national security. But they were also about protecting America’s steel and aluminum producers from cheaper Chinese imports.
Justin Sullivan/Getty Images

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.
U.S. Trade Representative Katherine Tai explains why addressing economic coercion from China is a challenge.
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

For public good, not for profit.

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