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2019 - 09 - 24
Steel producer Nucor Corp said on Monday it would spend about $1.35 billion to build a plate mill in the U.S. Midwest, taking advantage of federal tax cuts that has resulted in windfall gains for several companies.Nucor is also benefiting from higher steel prices for domestic producers due to tariffs imposed on imports by the Trump administration last year.The new mill, which is expected to be fully operational in 2022, would produce 1.2 million tons a year of steel plate products and create about 400 full-time jobs, the company said.“Tax reform, continued improvements to our regulatory a...
2019 - 09 - 20
British industrialist Sanjeev Gupta’s GFG Alliance is on the lookout for further acquisitions in the United States to expand its footprint in the Midwest and East Coast, the privately held steel and energy conglomerate said on Wednesday.GFG is also considering building out steel capacity at its new Keystone Consolidated Industries (KCI) plant in Illinois and restarting a furnace at its Liberty Steel Georgetown plant in South Carolina, it said in a statement.“There is a growing desire to buy American-made rather than imported steel and we are very well placed ... to serve that rising demand,” e...
2019 - 09 - 18
Steel producer Nucor Corp said on Monday it would spend about $1.35 billion to build a plate mill in the U.S. Midwest, taking advantage of federal tax cuts that has resulted in windfall gains for several companies.Nucor is also benefiting from higher steel prices for domestic producers due to tariffs imposed on imports by the Trump administration last year.The new mill, which is expected to be fully operational in 2022, would produce 1.2 million tons a year of steel plate products and create about 400 full-time jobs, the company said.“Tax reform, continued improvements to our regulatory a...
2019 - 09 - 11
European Union countries have backed a scheme to limit imports of steel into the bloc following U.S. President Donald Trump’s imposition of tariffs on steel and aluminium entering the United States, the European Commission said on Wednesday.It means that all steel imports will be subject to an effective cap until July 2021 to counter concerns of EU producers that European markets could be flooded by steel products that are no longer being imported into the U.S.The bloc had already imposed “safeguard” measures on a provisional basis on imports of 23 steel product types in July, with an expiry d...
2019 - 09 - 09
After work on Friday, September 6th, all the staff of our company went to the KTV in saxes to participate in the small group construction of this month. In the evening, we ate and sang together, just like we went out to play with our families. It was very kind, very harmonious and very comfortable. It also made us understand that mutual communication was necessary and happy.Through this team development training, we really learned a lot. In fact, we are a family! I hope there will be more opportunities for us to communicate, learn and become better together!
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