UK steel industry reacts to 50% tariffs from EU
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The European Union’s new steel import quota plan has not been well received by the region's automotive industry. The European Automobile Manufacturers' Association, or ACEA, an industry lobby group, said carmakers were “most concerned about the inflationary impact" of the proposal.
The world is being rebuilt, and those who understand the evolving role of stainless steel will help shape its foundation.
Nippon Steel Corp. said Thursday it will invest $300 million in two plants run by the recently acquired United States Steel Corp., se
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Algoma Steel to get loans of $400M federally, $100M from Ontario as tariffs hit the industry
The largest employer in Sault Ste. Marie, Ont., is getting a half billion dollars in government loans — $400 million from Ottawa and $100 million from the province — to maintain its workforce in the face of U.