Stephanie Ritenbaugh
Scrap Reporter at CRU
Business reporter for @TribLIVE | Formerly @PittsburghPG, @Platts, and other places. Be excellent to each other.
Articles
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4 days ago |
steelmarketupdate.com | Ethan Bernard |Stephanie Ritenbaugh
Carney outlined a plan on Monday to make it easier to build out infrastructure, like pipelines, nuclear reactors, and trade corridors, and create a framework in which the projects would be approved in under two years’ time, according to the BBC. Carney said the goal is to quickly build infrastructure that will make Canada “the strongest economy in the G7,” as well as strengthen the country’s autonomy and resilience in the future, the BBC reported.
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1 week ago |
steelmarketupdate.com | Stephanie Ritenbaugh
Trump in addition revealed a few more details on Nippon’s investment in USS’ operations. But questions remain about the structure of the pact. In the latest big change to a domestic trade policy marked by announcements, threats, and reversals, Trump said the administration would double the Section 232 tariff on steel from 25% to 50%, “which will even further secure the steel industry in the United States.
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1 week ago |
steelmarketupdate.com | Stephanie Ritenbaugh
It was revealed during the week the US government could acquire a stake in Pittsburgh-based U.S. Steel, calling it a “golden share” of the company. Hopefully, more details will emerge late Friday, when Trump is expected to hold a rally at U.S. Steel’s Irwin Works in West Mifflin, just outside of Pittsburgh. The “on again, off again” Trump tariff train continues to chug along, with several important court rulings during the week.
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1 week ago |
steelmarketupdate.com | Stephanie Ritenbaugh
“I’m on board with the fact that we all believe that steel is a national security interest,” Zekelman said. “You have to have a vibrant, robust steelmaking industry to be an industrialized nation like we are.”While it’s good to support the mills, “remember that they don’t exist without people like me and everyone else who’s on this call,” Zekelman said.
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2 weeks ago |
steelmarketupdate.com | Stephanie Ritenbaugh
Each month, SMU joins the council’s meeting to discuss the galvanized sheet market. Participants — members of Heating, Air-Conditioning & Refrigeration Distributors International (HARDI) — are wholesalers, service centers, distributors, and manufacturers who buy or sell galvanized steel.
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