Sentences with phrase «proposed increased steel»

Not exact matches

«Based on 2017 production mix, if the proposed tariff of 25 % on imported steel translates into a similar magnitude of increase in steel prices, it would impact each firm by roughly $ 1 billion, representing 12 % and 7 % of their 2017 adjusted operating income, respectively,» Kostin said.

THE proposed large increases in global steel production in WA have been welcomed by the Australian gas industry as a leading indicator of improved metals demand and a sign of economic recovery in the North East Asian markets.

Commodity pricing for steel and other materials increased due to the proposed tariffs.

Those goods include pork and steel pipes as China explores its options to retaliate against proposed U.S. tax increases, though reports say China is open to negotiations to find an agreement more favorable for both sides.

A proposed 10 % tariff on aluminum and 25 % tax on steel in the US would increase costs for many industries, particularly beverage makers who would likely have to pass the increase onto consumers.

However, US President Donald Trump remains convinced that the proposed 25 % tariff on imported steel, along with a 10 % tariff on imported aluminum, will combat unfair trading practices and lead to increased domestic production.