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And how unions, and foreign and domestic competition casts the fate of legacy steel companies.
‘A turning point for an icon of American industry.’
The company said the decision is meant to to help ensure melt capacity is balanced with its order book.
President Joe Biden’s administration has defended the tariffs as properly created.
Hit hard by the property crisis, China’s cement industry is ‘in chaos,’ while steel oversupply roils markets at home and abroad.
China is in the crosshairs of proposed new tariffs from the US, EU that target countries producing more steel than the market demands.
