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Time running out for global steelmakers in US
Most imports to the US come in the form of finished steel, but about one-fifth are 30-tonne slabs — basic steel products — from Brazil, Russia, Mexico and Japan that are processed into
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China's Steel Inspections May Tighten Supplies as
Jun 18, 2021The country's steel mills churned out more than 99 million tons in May to set an all-time high. curbing surging steel output and the government's campaign to cap commodity prices and
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China may increase steel imports to meet home demand and
Mar 04, 2021China Steel Price Index rose to 146 in the second half of February, up 3.2% from the last statistical period, according to a CISA's report. China imported 18.33 million tons of crude steel in
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Customs Demands Bigger Bonds As Tariffs Bite
Mar 29, 2019The end result: the importer needed to come up with just over $99 million a year to continue to import $360 million of steel. That is complicating finances for importers.
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The Trade Numerologist: Behind new US tariffs on steel
Dec 27, 2017China, currently, is the 13 th biggest exports of steel to the US Its evolution as a supplier also points to how much tariffs actually do the job of restriction imports. US shipments of Chinese steel fell to 461.9 million kg during the first 10 months of 2017, from 1.8
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Bush Sets Tariffs on Steel Imports
Mar 06, 2002Even before the surge of imports that began in 1998, the integrated mills had been steadily losing market share to more modern, nonunion minimills that make steel from recycled scrap.
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Vaccine Deals for Countries in Need, a Surge in Japan, and
May 21, 2021To make up for the shortfall, GAVI, one of the organizations behind Covax, agreed today to buy 200 million doses of the Johnson Johnson vaccine. This
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If The US Steel Industry Employs 150,000 People Then How
May 16, 2014The Economic Policy Institute* claims that up to half a million jobs could be at risk as a result of these cheap imports: Surging imports of unfairly traded steel are threatening U.S. steel
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Surging tariffs force tough choices in Louisiana for
Jan 24, 2019A normal year, you know we're probably a million- to a million-and-a-half-dollar operation, and we always harvest all of our crop every year, which didn't happen this
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July 12, 2021 Livestock and Poultry: World Markets and Trade
• Global pork exports for 2021 are revised up 2 percent to 11.8 million tons on higher estimates for all major exporters. China imports continue to underpin global trade and are raised 3 percent to 5.0 million tons. Meanwhile, Philippines imports are revised up 21 percent to 425,000 tons on lower tariffs and a continued ASF-induced supply
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China's Steel Inspections May Tighten Supplies as
Jun 18, 2021The country's steel mills churned out more than 99 million tons in May to set an all-time high. curbing surging steel output and the government's campaign to cap commodity prices and
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Surge in Imports Endangers U.S. Ability to Produce Vital
Oct 24, 2018The company consumes about half the domestic supply of ammonium perchlorate. It has told government officials that it wants to avoid paying what it calls American Pacific's monopoly prices in order to hold down costs to taxpayers. The failure of American Pacific would make the U.S. entirely dependent on imports to produce ammonium perchlorate.
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Coking coal defies China bid to keep control of commodity
Ban on Australian imports and fall in domestic production lead to price surge for steel mills . Half a million UK partners and sole traders face bigger tax bills in 2022 India's import
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China 2020 steel products imports rise 64.4% YoY
Jan 14, 2021China's steel products imports were worth 1.41 billion in December, according to the GAC. That translates into an average import price of $1,022.76/t, up 17.49% or $152.27/t month on month. The total import value in 2020 rose 19.2% on the year to $16.8 billion, with average import
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China's June soybean imports surge on pig herd recovery
Jul 13, 2021According to a customs department report released June 13, China imported 10.7 million mt of in June, up 11.6% month on month, but down 3.9% from record imports last June. The world's largest soybean importer bought 48.96 million mt of in the first half of 2021, up 8.7% on the year, the customs report showed.
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Rising steel prices to hit the auto and real estate sector
Apr 01, 2021The continuing surge in global demand and tightness in supply due to supply-side issues and production curbs in China has helped regional steel prices in Asia inch up
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Steel industry and labor emphasize importance of steel
May 19, 2021US trade deals have added half a million jobs, agency says U.S. free-trade agreements reached over the past 3 1/2 decades have had a "small but positive" effect on the world's biggest economy, a report by a bipartisan federal agency analyzing
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US, China to discuss trade disputes
Feb 25, 2018American steel companies have pressed the administration to impose trade measures to curb excess steel capacity and surging imports they say are undermining the US industry.
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History of the iron and steel industry in the United
From a combined iron and steel production of 203 million tons in 1979, US output fell almost in half, to 107 million tons in 1982. Some steel companies declared bankruptcy, and many permanently closed steelmaking plants. By 1989, US combined iron and steel production recovered to 142 million tons, a much lower level than in the 1960s and 1970s.
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Surging Steel Imports Put Up To Half a Million U.S. Jobs
May 13, 2014surging steel imports put up to half a million u.s. jobs at risk by terence p. stewart, elizabeth j. drake, stephanie m. bell, and jessica wang, of stewart and stewart, and robert e. scott of the economic policy institute economic policy institute • 1333 h street, nw • suite 300, east tower • washington, dc 20005 • 202.775.8810 • www
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Biden faces dilemma on Trump steel tariffs
May 27, 2021The tariffs were necessitated by repeated surges in steel imports driven by global steel overcapacity that threatened our industry and the nearly two million jobs it
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China's June soybean imports surge on pig herd recovery
Jul 13, 2021According to a customs department report released June 13, China imported 10.7 million mt of in June, up 11.6% month on month, but down 3.9% from record imports last June. The world's largest soybean importer bought 48.96 million mt of in the first half of 2021, up 8.7% on the year, the customs report showed.
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New Study Highlights Threats to U.S. Steel Sector
May 13, 2014The report Surging Steel Imports Put Up to Half a Million U.S. Jobs at Risk by the Economic Policy Institute and the Law Offices of Stewart
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China's June soybean imports surge on pig herd recovery
Jul 13, 2021According to a customs department report released June 13, China imported 10.7 million mt of in June, up 11.6% month on month, but down 3.9% from record imports last June. The world's largest soybean importer bought 48.96 million mt of in the first half of 2021, up 8.7% on the year, the customs report showed.
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5 Solid Steel Stocks that Thumped the SP 500 in 2017
Dec 15, 2017A surge in steel imports put pressure on U.S. steel prices during third-quarter 2017. Continued import pressure has not allowed steel pricing to
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3 Things Herman Miller's Management Wants You to Know
Apr 05, 2018A $1 million rise in steel costs as currently estimated is tiny in relation to the company's annual cost of goods sold, which hit $1.4 billion last year. At the moment, the tariffs represent a
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New Report: Section 232 Trade Enforcement on Steel Imports
Mar 24, 2021Photo courtesy U.S. Steel. The Economic Policy Institute finds the 2018 action stopped the surge of steel imports (without impacting the cost of products like motor vehicles and appliances). But the researchers also warn that removing Section 232 now would devastate America's steel
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Hoa Phat posts surging imports from Australia
Dec 14, 2020Hoa Phat posts surging imports from Australia. Hoa Phat's steel sales hit over 4 million tonnes in 10 months More than half of the total import value, or 364 million
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imports: Latest News Videos, Photos about imports
Jun 14, 2021Imports of Washington apples start peaking in April, around the time when the season for Indian apples ends, and go on till July. India annually imports 2 lakh tonnes of apples at an average landed price of Rs 120-150 per kg. Imports of the variety from the US state of Washington had dropped to just 381,614 cartons in fiscal year 2021 ended in
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Manufacturing Job Loss: Trade, Not Productivity, Is the
Aug 11, 2015Surging Steel Imports Put Up To Half a Million U.S. Jobs at Risk. Economic Policy Institute Briefing Paper #376. U.S. Census Bureau. 2015a. "Foreign Trade, Historical Series, U.S. International Trade in Goods and Services — Annual Goods (BOP Basis), Services, and Total Balance, Exports and Imports, 1960–Present." U.S. Census Bureau. 2015b.
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Surging Steel Imports Put Up To Half a Million U.S. Jobs
Surging imports of unfairly traded steel are threatening U.S. steel production, which supports more than a half million U.S. jobs across every state of the nation. The import surge has depressed domestic steel production and revenues, leading to sharp declines in net income in the U.S. steel industry over the past two years (2012–2013), layoffs for thousands of workers, and reduced wages for
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Bush Sets Tariffs on Steel Imports
Mar 06, 2002Even before the surge of imports that began in 1998, the integrated mills had been steadily losing market share to more modern, nonunion minimills that make steel from recycled scrap.
Get Price