JSW Steel rises 2% on gas supply worries HSBC raises Tata Steel target to ₹250 British Steel to supply 120,000 mt billet to Nigeria ₹3,200 crore Tata Steel EAF starts in Ludhiana
Fresh criticism of US steel tariffs is building as manufacturers and builders warn that higher metal prices are squeezing budgets, delaying projects and weakening hiring. Industry groups say rising costs and tariff uncertainty are making it harder to keep projects and production on track, even as steelmakers argue the measures support domestic investment. US steel production was up 4.9 percent year to date through March 14, 2026, but weekly output had declined for three consecutive weeks, adding to concerns about softer demand and broader economic strain. The bigger question now is whether tariffs will truly revive American industry or deepen pressure on steel-consuming sectors.
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