02
Jun
12:48
232 tariffs dismay US Oil & Gas sector
President Trump’s 31 May announcement his administration would implement a 25% tariff on imported steel from allies Canada, Mexico and the European Union, caused the U.S. oil and gas industry to collectively gasp.
The levies would be placed on the specialised pipe used to construct oil and natural gas pipelines. According to a 2017 study conducted by ICF International for industry groups, a 25% increase in the cost of pipe translates into a $76 million cos…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous