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EU, US agree to pursue talks

EU, US agree to pursue talks
By CHEN WEIHUA in Brussels |
China Daily |
Updated: 2021-05-19 09:10
Photo taken on Feb 23, 2018 shows a view of the port area of Hamburg, Germany. [Photo/Xinhua]
Europeans suspend tit-for-tat tariffs on steel and aluminum for up to six months
The European Union and the United States agreed on Monday to pursue talks to end their dispute over steel and aluminum tariffs, with the EU suspending retaliatory measures in the hope Washington reciprocates during US President Joe Biden s visit to Brussels next month.
Biden is scheduled to hold a summit with EU leaders in June. It will be his first trip to Brussels since taking office in January. ....

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EU, US agree to pursue talks

EU, US agree to pursue talks
chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.

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EU, US agree to pursue talks

EU, US agree to pursue talks
chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.

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Missouri manufacturers join call for Biden to lift Trump aluminum, steel tariffs

by John Haughey, The Center Square contributor
| May 18, 2021 03:00 PM
Print this article
U.S. manufacturers report demand is up and with the nation poised to invest billions in the coming years on infrastructure, prospects are good for continued growth, including in Missouri where manufacturing employs 10% of the state’s workforce and contributes nearly $41 billion annually to local economies.
But significant supply chain disruptions persist with U.S. manufacturers hamstrung by six-month waits for aluminum and other raw materials while a boom in automobile and appliance sales spike demand for steel and metals by 35% to 40% on a daily, sometimes hourly, basis. ....

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MT: Buy These 2 Stocks as Steel Prices Continue to Soar

Buy These 2 Stocks as Steel Prices Continue to Soar
MT – Steel plays a significant role in the industrial and manufacturing sector. As the demand for steel rises with a global economic recovery–and with that its price–we think companies such as ArcelorMittal (MT) and Olympic Steel (ZEUS) should deliver significant returns in coming months.
Mar 15, 2021
The global lockdown and subsequent social distancing restrictions compelled by the COVID-19 pandemic caused the steel industry to plummet over the first two quarters of 2020. The near halt in industrial and manufacturing activities in China contributed significantly to a global supply glut because China is the world’s largest consumer of steel. With excess reserves and falling prices, global steel production fell 1.4% year-over-year in the first quarter of 2020. ....

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