SOUTHFIELD, MI—The rapid growth of the hybrid and electric vehicle segment could potentially cause material demand to outpace supply from 2025, claims a new report from IHS Markit.
LUXEMBOURG—ArcelorMittal is investing 13 million euros to upgrade its plant in Saint Chély d’Apcher, France, that specializes in producing electrical steels for the European auto industry.
WASHINGTON—The Commerce Department has proposed a 24 percent global tariff on steel shipments coming into the U.S. and a 7.7 tariff on imported aluminum.
WASHINGTON—The U.S. government moved to impose substantial punitive tariffs on hundreds of millions of dollars of imported steel products from South Korea and eight other countries, a much-anticipated decision that marks one of the largest anti-dumping cases in recent memory.
