UK raises above-quota steel tariff to 50% US steel tariffs spark industry backlash NZ clears major green steel project
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.
Also Read : Qatar's new LNG expansion plans to squeeze out US, other rivals Biden sharply hikes US tariffs on billions in Chinese chips, steel
Switzerland-based asset manager responsAbility Investments AG is set to invest up to USD 25 million...
Automobiles 29-Jan-2024
India's journey to becoming a $10T economy by the end of the decade involves a significant overhaul...
Press Releases 20-Jan-2024
According to a filing with a government-run companies registry, China has set up its third planned s...
China 27-May-2024
Industry experts have urged steel manufacturers to move toward producing 100% refined steel as a key...
Construction 27-Oct-2025
SAIL Opens Office in Dubai to Enhance Global Presence Steel Authority of India Limited (SAIL) has t...
Announcement 04-Jul-2025
According to a research by the Council on Energy, Environment, and Water (CEEW), India's aluminum se...
Non-Ferrous 01-May-2024