Industry News

US steel consumers call for Biden to end section 232 tariffs on steel and aluminum

Views : 305
Update time : 2021-03-04 17:53:45
The Coalition of American Metal Manufacturers and Users (CAMMU), which represents more than 30,000 companies and a million workers, is calling for President Biden to end section 232 steel and aluminum tariffs which were put into effect three years ago.

It claimed that tariffs on steel and aluminum would harm the US consumer industry and small manufacturers. During the epidemic, the tariff also resulted in the current shortage of steel supply and the rapid rise of steel prices.

Under such circumstances, due to the limited capacity of the US steel industry, the output of the US steel industry can not meet the demand of US manufacturers, or manufacturers fail to buy steel at competitive prices.
Related News
Read More >>
Trump’s shock steel tariff hike ripples across global markets Trump’s shock steel tariff hike ripples across global markets
Jun .03.2025
Trump’s shock steel tariff hike ripples across global markets
Weak domestic demand affected most PMI of downstream aluminium processing, with significant structural differentiation Weak domestic demand affected most PMI of downstream aluminium processing, with significant structural differentiation
Jun .03.2025
Weak domestic demand affected most PMI of downstream aluminium processing, with significant structural differentiation
Profitability improves: China's operating alumina capacity in metallurgy expected to rebound in June Profitability improves: China's operating alumina capacity in metallurgy expected to rebound in June
Jun .03.2025
Profitability improves: China's operating alumina capacity in metallurgy expected to rebound in June
GBC to supercharge Ghana’s domestic alumina industry with its upcoming Awaso refinery GBC to supercharge Ghana’s domestic alumina industry with its upcoming Awaso refinery
Jun .03.2025
GBC to supercharge Ghana’s domestic alumina industry with its upcoming Awaso refinery