US Steel Costs Soar, Manufacturers Grapple With Shortages
U.S. steel-consuming manufacturers continue to grapple with soaring steel prices and shortages while provoking a new round of calls to end former President Donald Trump's steel tariffs. ...
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The Steel Manufacturing Process — How Is Steel Made?
Steel manufacturing is a critical industry that has a significant impact on our global economy. Since the mid-1800s, steel has become one of the most relied-upon materials globally, serving countless manufacturing and construction markets. According to the World Steel Association, global steel production supports or facilitates $2.9 trillion of the world’s economic activity, making it a crucial material supporting millions of jobs internationally. ...
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Impact of China Tariffs on the U.S. Steel Industry
While recent China tariffs have left an impact on the United States steel industry as a whole, they also present a significant opportunity for the sector. Concerns related to the effects of these steel tariffs on the average American consumer are still lingering, but the industry is expecting a much-needed boost in demand. ...
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Steel Industry Tariffs and the Future of the Industry
Summit Steel & Manufacturing was recently featured on an ABC News report about steel prices and the American steel industry, especially in light of recent tariffs that have been implemented as an element of the president’s trade policies. ...
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