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Tag: US steel


Industries, Manufacturing

US Steel plunges 25% as the sector championed by Trump just last week completely rolls over

April 27, 2017

Via: CNBC

After a rally last week in the wake of President Donald Trump’s announcement that he would be kick starting a probe into imported steel, steel stocks tumbled Wednesday as weak earnings and slashed guidance from United States Steel sent worries […]


Industries, Manufacturing

How pulling out of TPP trade pact will hit US steel industry

January 31, 2017

Via: CNBC

Higher steel costs for U.S. manufacturers and a drop in high-value exports are a potential outcome of an executive order by President Donald Trump to abandon the Trans-Pacific Partnership (TPP) trade pact, said consultancy Wood Mackenzie. “Surprisingly despite the headlines, […]