Product Exclusion Request Process Now Includes Rebuttal

The Commerce Department (Commerce) released its Interim Final Rule (IFR) for submission of exclusion requests and objections in connection with the Section 232 Steel and Aluminum tariffs.  The IFR  was officially published in the Federal Register on September 11 and it went into effect that day.  The most significant change is that Commerce now allows … Continue reading Product Exclusion Request Process Now Includes Rebuttal

Job Losses To Increase as a Result of New Tariffs on Allied Countries

Economist Laura Baughman of the Trade Partnership has issued an Updated Policy Brief on the estimated impacts of the Section 232 steel and aluminum tariffs.  This includes almost 13,000 job losses in the category of Fabricated Metal Products. This version, dated June 5, does two things: (1)           It reflects the current state of play of the … Continue reading Job Losses To Increase as a Result of New Tariffs on Allied Countries

Economic Firm Issues “Estimated Impacts of Tariffs on Steel & Aluminum”

Independent economists Dr. Joseph Francois and Laura M. Baughman of the Trade Partnership Worldwide, LLC have issued a Policy Brief which estimates the impact on the US economy of the tariffs and retaliation by trading partners.  The brief includes state-by-state job losses in every state.  Some highlights include: The tariffs and retaliation would increase US … Continue reading Economic Firm Issues “Estimated Impacts of Tariffs on Steel & Aluminum”

China: U.S, China Wrap Up Three Days of Negotiations with Positive Tone, Long Road Ahead

From Ryan Ong, Director, International Business Policy, National Association of Manufacturers Top line: Earlier today in Beijing, U.S. and Chinese negotiators wrapped up the first round of in-person negotiations under the 90-day tariff pause agreed to in December by President Donald Trump and Chinese President Xi Jinping. Though the two sides did not announce any joint deliverables, both … Continue reading China: U.S, China Wrap Up Three Days of Negotiations with Positive Tone, Long Road Ahead

Congress Takes Aim At Steel And Aluminum Tariffs

By Metals Service Center Institute Despite being preoccupied with the partial government shutdown, a bipartisan group of lawmakers sent a letter in December to US Trade Representative Robert Lighthizer asking that the Trump administration end the Section 232 tariffs on imports from Canada and Mexico. The letter argued, “American farmers, manufacturers, workers, and consumers will … Continue reading Congress Takes Aim At Steel And Aluminum Tariffs

Shutdown Affects 232 Exclusion Requests; Lawmakers Continue To Oppose Penalties For Canada, Mexico

By Metals Service Center Institute The partial US government shutdown is now into its third week and lawmakers and the White House seem to be no closer to a deal to provide appropriations for the unfunded departments. The following departments have ceased most operations: Departments of Agriculture, Commerce, Homeland Security, Housing and Urban Development, Interior, … Continue reading Shutdown Affects 232 Exclusion Requests; Lawmakers Continue To Oppose Penalties For Canada, Mexico

Annual Meeting Speakers: Growth Opportunities, Financing and M&A Trends in Steel Wire and Rod

This session will be a general discussion of the steel wire producer market strengths, weaknesses, trends, trade and general M&A activity.  We will hear speakers address financing trends in commercial banks, institutional term loan and bond markets, and leveraged loan markets, as well as investor concerns.  Andrew Pappas, Managing Director of BMO Harris Bank NA … Continue reading Annual Meeting Speakers: Growth Opportunities, Financing and M&A Trends in Steel Wire and Rod

Registration is Now Open for the 2019 Annual Meeting

The 2019 Annual Meeting will be held in sunny Clearwater Beach, Florida this February. We will be bringing together experts on the political environment; the latest information on trade and tariff issues affecting the industry; and providing a current perspective on the economy. In addition, we’ll be discussing strategies to address manufacturing workforce needs. On … Continue reading Registration is Now Open for the 2019 Annual Meeting

Comments on Section 232 Exclusion Process

In September, the Department of Commerce amended the rules for requesting steel and aluminum exclusions from the Section 232 tariffs.  The “Revisions to Requirements for Submissions of Exclusion Requests and Objections to Submitted Requests for Steel and Aluminum” included changes such as allowing rebuttals to objections by the entities that requested the exclusions, “surrebuttals” to … Continue reading Comments on Section 232 Exclusion Process