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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President Trump has announced that he will lift steel and aluminum tariffs on Canada and Mexico. This decision was reached in an effort to pass the United States Mexico Canada Agreement, an update to the North American Free Trade Agreement.
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In mid-March, Canada’s Ambassador to the United States stated that he believes the United States steel tariffs may end soon. His speculation generated considerable media attention.
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Over the last 150 years, technology has played a major role in the steel industry. It is perhaps one of the American industries most influenced by technological advancements. There are many reasons for this.
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