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US Sets Tin-Mill Steel Duties Targeting China

(Bloomberg) -- The US set preliminary tariffs of more than 100% on tin-plated steel products from China, along with smaller duties on imports from Canada and Germany, in a move likely draw support from US steelmakers amid concerns about inflation of everyday products like canned foods.Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGlobal Yields Reach 15-Year Highs as Rate-Hike Worries BuildNiger Soldiers Killed in Attacks by Armed Grou...
United States United Kingdom Schleswig Holstein Kamil Kowalcze Laura Dhillon Kane Bloomberg Businessweek
Source: yahoo.com

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Union leader: Cleveland-Cliffs is the best strategic buyer of U.S. Steel

The United Steelworkers (USW) international president said on Monday that the union supports North American steel producer Cleveland-Cliffs' bid to acquire rival, United States Steel Corp, adding that the company is the best strategic buyer. Cleveland-Cliffs said on Sunday that it offered to buy U.S. Steel in a cash-and-stock deal valued at $35 per share, which represented a premium of 43% to U.S. Steel's last closing price. Cliffs went public with its offer after U.S. Steel rejected...
United States Thomas Conway Tomasz Janowski United States Steel Corp United Steelworkers North American
Source: yahoo.com

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