Today, the steel industry in the United States reflects the impacts of ongoing technological change. The increased use of automation technology has affected the way steel plants function. Someone who worked in a steel mill during the 1970s or 1980s might have difficulty recognizing the same plant in 2019.
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Steel imports have been on an almost constant downtrend since President Trump imposed a 25% tariff on steel imports. However, for perhaps the first time, the month of July saw a sharp uptick.
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In the steel manufacturing industry, there are steel pipes and steel tubes. On the surface, these items may seem similar, but they are in fact completely different.
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China is imposing anti-dumping duties for certain stainless steel products from Japan, Indonesia, the European Union (EU), and South Korea. They plan to apply tariffs between 18.1 and 103.1 percent to stainless steel hot-rolled plates and billets.
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Steel piping is commonly used due to its durable nature. It can withstand high pressure and heat alike. For this reason, it’s typically used for plumbing and gas lines throughout residences and commercial buildings.
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