Tariffs have pushed prices below production costs for much of steel industry, Algoma CEO says
Algoma Steel (NASDAQ:ASTL) expects tariffs will hurt its finances and operations, although it is too early to estimate the ...
Tariff Turmoil Leaves US Factories Paying More for Metal Than Overseas Rivals
American manufacturers are paying much higher prices for aluminum, steel and copper than rival plants overseas, in a trend ...
US factories face higher metal prices than overseas rivals due to tariffs
Trump's plan to impose tariffs on steel and aluminum imports is unlikely to arrest decades of declining market share and ...
Indian steel prices may fall as U.S. tariffs reshape alloy's trade, S&P Global says
Indian steel mills are likely to see a sharp drop in prices after U.S. import tariffs come into effect and reshape global ...
US inflation cooled last month, though trade war threatens to lift prices
U.S. inflation slowed last month for the first time since September even as additional tariffs on steel and aluminum kicked ...
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Looming Trump Tariffs Raise US Steel Costs
The benchmark price for domestic steel touched more than $900 a ton this week, up almost one-fourth this year, in anticipation of the imminent 25% levy on foreign supplies. That surge means U.S ...
Tree Island Steel Announces Full Year 2024 Results
VANCOUVER, British Columbia, March 13, 2025 (GLOBE NEWSWIRE) -- Tree Island Steel (''Tree Island'' or the ''Company'') (TSX: TSL) announced today its financial results for the year ended December 31, ...
Tree Island Steel Slashes Dividend 50% Citing Economic Uncertainty, Tariffs
Tree Island Steel cut its quarterly dividend to C$0.015 (1.04 U.S. cents) from $C0.03 citing economic uncertainty. Slower demand and pricing pressures from competitors have hurt average selling prices ...
Live Updates: U.S. Inflation Shows Improvement Amid Worries About Tariffs and Trade Wars
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.