21 May 2021
The United Steelworkers union, along with other manufacturing groups, says former President Trump’s tariffs on imported steel “have been a success,” urging President Joe Biden to keep the tariffs in place.
In a letter to Biden, the United Steelworkers along with the American Iron and Steel Institute, Steel Manufacturers Association, the Committee on Pipe and Tube Imports, Specialty Steel Industry of North America, the American Institute of Steel Construction, and the Alliance for American Manufacturing said the 25 percent tariff on imported steel imposed by Trump in 2018 has been a boon for the United States steel industry and American workers.
Steel industry, union press for tariffs to stay in place nwitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nwitimes.com Daily Mail and Mail on Sunday newspapers.
This morning in metals news:
UC Rusal will demerge its high-carbon assets; meanwhile, steel industry groups issued a renewed call to the Biden administration to ask him to keep the Section 232 steel tariff in place; and the copper price has picked back up this week.
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UC Rusal to demerge high-carbon assets
pvl/Adobe Stock
En+ Group, parent group of Russian aluminum giant UC Rusal, announced today that the latter will demerge its high-carbon assets.
In addition, UC Rusal also plans to change its name to AL+.