Sentences with phrase «on steel company»

Investors have put fresh bets on steel company shares on a positive sentiment in the industry that has been fueled by the Nov. 8 election.
The lawmaker represents a Pennsylvania district that has concerns about the impact of tougher industrial emissions on steel companies.

Not exact matches

Companies mostly pass those costs on to households, who effectively devote more of their take - home pay to supporting the 286,000 workers employed in steel and aluminum.
Donald Trump's decision to impose tariffs on steel and aluminum could cause major disruption for companies in Europe, a business lobbyist told CNBC.
CNBC's Morgan Brennan speaks with CSX CEO Jim Foote about President Trump's proposal to impose tariffs on imported steel and aluminum and how it could impact his company.
It meant the company's biggest spending priorities wouldn't be on code, but on steel, machinery, and workers.
U.S. Steel shares tumbled 9 percent after the company missed on the top and bottom lines.
The company made the statement after European Commission President Jean - Claude Juncker said last week the European Union would impose tariffs on Harley's motorbikes if U.S. President Donald Trump implemented steel and aluminum tariffs.
The new company, to be named Thyssenkrupp Tata Steel, will be headquartered in Amsterdam, the companies said in statements on Wednesday after signing a memorandum of understanding (MoU).
A company called Hangman Products makes a Furniture Anti-Tip Kit, which includes an aircraft - grade steel cable that connects your furniture to a bracket installed into a stud on the wall.
Jaguar Land Rover, for example, has said that it will «realign its thinking» on UK investment, as has steel company Tata.
WASHINGTON, March 5 (Reuters)- U.S. President Donald Trump faced growing pressure on Monday from political and diplomatic allies as well as U.S. companies urging him to pull back from proposed steel and aluminum tariffs, although he said he would stick to his guns.
Barry Racey, AK Steel's public relations director, offered some explanation for Wainscott's pay bump: «2014 compensation decisions were made early in the... year, and were largely based on 2013 company performance.
The company's return on capital employed was very low — it was 2.8 %, compared to 6.8 % at Alcoa and 10.3 % at Nucor — and total stockholder returns fell, underperforming the S&P 500 Steel Index.
Caterpillar's results drove European industrials, after the company said it would steel tariffs would make it harder to pass on higher raw - material costs.
WASHINGTON (Reuters)- U.S. President Donald Trump faced growing pressure on Monday from political and diplomatic allies as well as U.S. companies urging him to pull back from proposed steel and aluminum tariffs, although he said he would stick to his guns.
Scott N. Paul, the president of the Alliance for American Manufacturing, which represents steel companies and workers, said the president made «an encouraging show of support» on Thursday morning but now needed to act.
The administration has said it wants to combat cheap metals flooding into the United States, particularly from China, but a broad set of tariffs would fall most heavily on allies, especially Canada, which supplies steel and aluminum to American companies as well as the military.
National Trust, a trust company that issued some of these investment products on behalf of the steel maker, has said that some of the products have run into problems.
NEW YORK U.S. President Donald Trump's tariffs on steel and aluminum from China are leading to higher costs for major U.S. manufacturers and causing concerns at other companies, according to executives who spoke to investors in recent days.
China is placing a 15 % tariff on sparkling wine; steel pipe used by oil and gas companies; and fruits and nuts including apples, walnuts and grapes.
In another approach to standardizing what responsible mining looks like on a global basis, the Initiative for Responsible Mining Assurance has brought together a group of major mining, electronics, jewellery and steel companies, NGOs, affected communities and labour unions to establish a multi-stakeholder and independently verifiable responsible mining assurance system, focused on improving both social and environmental performance.
Plenty of U.S. companies use foreign - made steel and aluminum, so raising prices on those materials means they may end up passing the cost on to us.
WASHINGTON U.S. President Donald Trump faced growing pressure on Monday from political and diplomatic allies as well as U.S. companies urging him to pull back from proposed steel and aluminum tariffs, although he said he would stick to his guns.
This echoed an earlier proposal by center - right former French president Nicolas Sarkozy to levy a new border tariff on U.S. exports seeking to enter the EU in the event of a Paris withdrawal, as well as a call from the chairman of ArcelorMittal, a major global steel company, for Europe to establish a carbon border tax.
Companies surveyed for the Institute for Supply Management's services index released on Wednesday said that while they're still expanding, they're worried about the tariffs and volatile swings in prices for lumber, steel and aluminum that make planning difficult.
It's not just oil... iron ore, aluminum and steel are all getting slammed, as the decline in commodity prices takes a toll on companies and the global markets.
Days before talks were broken off, Thomaz Zanotto, a consultant for Brazil's second - biggest steel company, CSN, who had been kept abreast of negotiations, said it appeared that Brazil might have to face quotas on finished products, which represent 20 percent of exports to the United States.
The recent imposition of tariffs on imported steel and aluminum has put racking, mounting and tracking systems suppliers who manufacture in the United States under pressure, but there are a number of company - specific concerns as well.
WASHINGTON Ordering combative action on foreign trade, President Donald Trump declared Thursday the U.S. will impose steep tariffs on steel and aluminum imports, escalating tensions with China and other trading partners and raising the prospect of higher prices for American consumers and companies.
The tariffs are great for US steelmakers — but they're bad for a large part of the US economy that relies on steel, like construction companies, automakers, and appliance manufacturers.
Manitowoc Co.'s stock also took a beating, dropping 6 percent on Thursday, according to Reuters, which lumped the company in with Caterpillar Inc. and Boeing as «major consumers of steel
Carl Icahn unloaded nearly $ 3.3 million worth of stocks in a company largely dependent on the price of steel just days before President Donald Trump announced his administration would impose a 25 percent tariff on steel and 10 percent tariff on aluminum.
A billionaire investor and former presidential adviser unloaded nearly $ 31.3 million in a steel - related stock company just days before President Donald Trump announced he would impose steep tariffs on foreign steel and aluminum — news that sent stock markets tumbling around the world.
As politics helped derail the GMR deal, politics and cultural conflicts continue to weigh heavily on ArcelorMittal, the result of a 2006 merger of Arcelor and Mittal Steel, and on the company's operations in France.
In early March, Trump signed orders imposing a 25 % tariff on imported steel and a 10 % tariff on imported aluminum, in a move he argued would protect and benefit U.S. workers and companies.
As a result, in the short term the state would not be expected to experience a strong positive or negative direct impact of the US - imposed or proposed tariffs on imported aluminum and steel and other items — though individual companies and projects may be strongly affected.
Big data goes on with or without steel tariffs on China, he reasoned, concluding that the company reported a «remarkable» quarter.
The Arkansas District Export Council and the World Trade Center Arkansas surveyed state companies to assess the potential impact of the anticipated steel and aluminum tariffs on their businesses.
WTC Arkansas surveys companies on tariffs impact - The Arkansas District Export Council and the World Trade Center Arkansas surveyed state companies to assess the potential impact of the anticipated steel and aluminum tariffs on their businesses.
Torres also observed that of the Arkansas companies that elected to respond to the survey, most of them rely more heavily on steel and aluminum from China compared to the rest of the United States.
A tariff on steel, for example, will impact the steel industry overseas but in turn could make costs higher for American construction companies that use steel.
Yet investors following the mining company had expected even better results from Teck, and uncertainty about the implementation of steel and coke production controls during the coming winter months could weigh on sales in the immediate future.
Investors read the tea leaves by concluding it more likely that the Trump administration will slap tariffs and / or quotas on steel imports, sending US steel companies shares soaring.
But Ross and Navarro, who spoke to steel company executives in Washington on Tuesday, both said any final decision would be made by Trump.
Another clash of giants took place earlier this week when Carl Icahn decided to take on fellow activist Warren Lichtenstein of Steel Partners over Steel's decision to convert a fund into a public company via a reverse merger without his investors» consent.
Already, the administration has delayed action on its investigation of the national security impact of rising steel and aluminum imports from China, as it weighs the competing interests of companies that produce those materials and those that use them.
President Donald Trump's recent announcement and official order to implement tariffs on steel and aluminum imports has worried American manufacturers and ignited a chorus of warnings from lawmakers, companies, and industry leaders.
Glasgow, Scotland (CNN)- Robert Marshall is the burly, landlord of The Louden Tavern, a pub located in the west end of the Scottish city of Glasgow, on the south bank of the same Clyde River that was once used to ferry coal and steel to the great shipbuilding companies that in the past made this area an industrial powerhouse.
Most started playing professionally on one of the thousands of semi-pro clubs and company teams scattered across the country: steel mills and ice creameries offered $ 40 a month plus a job for good arms and hot bats, and every small town in the Midwest seemed to have its own amateur squad.
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