Steel Shorts January 2018

Trump’s 1st Year Did Not Go as Expected for Steel Industry The first year of the Trump administration has been a counterintuitive one for steel companies. President Donald Trump campaigned on a protectionist “America first” platform and promises to increase the number...

January 2018 Market Update

In December, Congress passed and President Donald Trump signed tax reform legislation that Republicans say will boost the economy and raise wages. Starting in 2018, the new law cuts the corporate tax rate to 21 percent – down from 35 percent – reduces five of the...

October 2017 Steel Shorts

October 2017 Steel Shorts Trump a ‘Total Paper Tiger’ on Trade, Schumer Says Democrats are trying to pressure President Donald Trump to impose tariffs on steel imports. Protectionism – especially for the steel industry – was a key part of Trump’s “America First”...

October 2017 Market Update

October 2017 Market Update For the first time in three years, the U.S. economy has recorded growth of at least 3 percent in back-to-back quarters. The economy expanded at an annualized rate of 3 percent during the third quarter, according to the Bureau of Economic...

September 2017 | Market Update & Steel Shorts

The economy grew by 3.1 percent during the second quarter, the strongest performance since early 2015, but job creation fell in September for the first time in seven years. The Bureau of Economic Analysis (BEA) in July estimated Q2 growth at 2.6 percent, but as it...