Canadian steel giant to receive $150M as U.S. tariff anxiety grows
10 Jan 2019
Some relief is coming for the Canadian steel industry as the country's second biggest steel maker will receive $150 million in federal and provincial funding in the form of grants and loans.
The announcement comes as Ontario-based Algoma Steel emerges from three years of bankruptcy protection and is facing American tariffs that seem to have no end in sight.
Nippon Steel & Sumitomo Metal Corporation asset seizure approved
08 Jan 2019
A group of South Korean plaintiffs are pushing to seize the Korea-based assets of a Japanese steelmaker over Tokyo's policy of forcing Koreans to labor for little to no pay during its colonial rule of the Korean Peninsula.
In the latest developments, a court has approved seizure of Nippon Steel & Sumitomo Metal Corporation's assets.
Impact of Donald Trump's steel tariffs on UK exports
31 Dec 2018
British steel exports to the US have plummeted by 20% since Donald Trump slapped tariffs on metals arriving in America.
Wood Mackenzie: Iron Ore Demand Rising & Effect Of US Tariffs
22 Dec 2018
Pricing spreads in the iron ore space and the value of high iron grade ore.
Commodities Outlook 2019: Why Scotiabank is bullish on most metals
18 Dec 2018
Scotiabank's Rory Johnston speaks with Financial Post's Larysa Harapyn about the metals outlook for 2019.
Tata Steel-Thyssenkrupp JV may face union hurdle
18 Dec 2018
A discussion about the joint venture between Tata Steel and Thyssenkrupp, including the leadership crisis at the German conglomerate and more...
Why Trump's tariffs should be lifted before approving the new NAFTA deal
11 Dec 2018
David McIntosh discusses the new NAFTA deal and the problems with President Trump's steel and aluminum tariffs.
Trump's steel, aluminum tariffs are distorting how we view USMCA
15 Nov 2018
Global Automakers CEO John Bozzella discusses why he is concerned about President Trump's steel and aluminum tariffs and the potential U.S. national security tariffs on automotive imports.
US Steel And Steelworkers Union Reach Tentative Labor Contract
16 Oct 2018
According to Reuters, steel workers struck a new contract with U.S. Steel Corp. The Pittsburgh-based steelmaker is in contract negotiations with the United Steelworkers union, which represents 16,000 workers in the US. If both sides agree to the new contract, it will mark the biggest pay increase for steel workers in six years. The terms of the new contract will increase wages by 14-percent over four years.
The down side of Trump's steel tariffs
14 Aug 2018
Adam Shapiro from Fox Business News on how Trump's tariffs on steel and aluminum are impacting U.S. companies.
British Steel - £50 million wire rod mill investment
18 Jul 2018
Overview of British Steel's £50 million planned investment in its wire rod business, including technical specifications and product range impact of the proposed modernisation.