In December 2024, U.S. steel mills shipped 7,145,016 net tons, a 0.9 percent increase from the 7,082,921 net tons shipped in December 2023.

The tariff will apply to products such as passenger vehicles, trucks and buses, steel and aluminum products, certain fruits and vegetables, aerospace products, as well as beef, pork and dairy products, the release said.

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Fullerton adds: "As trade barriers, 'tariffs' can also cause domestic industries to become less competitive."

The Yildirim Group is no more. Instead Robert Yüksel Yildirim, the old president and CEO of Yildirim, will be head of CoreX which includes the main smelting and mining segments of the old Yildirim Group. Ali Riza Yildirim, the old chairman of the Yildirim Grou...

The Yildirim Group is no more. Instead Robert Yüksel Yildirim, the old president and CEO of Yildirim, will be head of CoreX which includes the main smelting and mining segments of the old Yildirim Group. Ali Riza Yildirim, the old chairman of the Yildirim Grou...

The Indonesian Ministry of Energy and Mineral Resources has set mostly higher coal reference prices, known as the coal benchmark price (HBA), for January 2025.