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Steelworkers Union: Joe Biden Must Keep Trump's Job-Creating Tariffs

21 May 2021
The United Steelworkers union, along with other manufacturing groups, says former President Trump’s tariffs on imported steel “have been a success,” urging President Joe Biden to keep the tariffs in place.
In a letter to Biden, the United Steelworkers along with the American Iron and Steel Institute, Steel Manufacturers Association, the Committee on Pipe and Tube Imports, Specialty Steel Industry of North America, the American Institute of Steel Construction, and the Alliance for American Manufacturing said the 25 percent tariff on imported steel imposed by Trump in 2018 has been a boon for the United States steel industry and American workers. ....

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Steel industry, union press for tariffs to stay in place

Steel industry, union press for tariffs to stay in place
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Rusal to demerge high-carbon assets, proposes name change

This morning in metals news:
UC Rusal will demerge its high-carbon assets; meanwhile, steel industry groups issued a renewed call to the Biden administration to ask him to keep the Section 232 steel tariff in place; and the copper price has picked back up this week.
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UC Rusal to demerge high-carbon assets
pvl/Adobe Stock
En+ Group, parent group of Russian aluminum giant UC Rusal, announced today that the latter will demerge its high-carbon assets.
In addition, UC Rusal also plans to change its name to AL+. ....

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Industry and Labor Urge Biden to Keep Steel Tariffs Amid Escalating Steel Prices

Industry and Labor Urge Biden to Keep Steel Tariffs Amid Escalating Steel Prices
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Steel prices continue to make gains in final month of 2020

The
Raw Steels Monthly Metals Index (MMI) increased by 16.5% this month, as steel prices showed strength in December.
U.S. steel events
The American Iron and Steel Institute, the Steel Manufacturers Association, the United Steelworkers union, the Committee on Pipe and Tube Imports and the American Institute of Steel Construction sent a letter to Joe Biden urging him to keep the 25% national security tariffs on steel imports that were imposed in 2018.
The industry groups emphasized that the tariffs are essential “to ensure the viability of the domestic steel industry in the face of this massive and growing excess steel capacity.” ....

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