AMSCI (American Metals Supply Chain Institute)
@AMSCItweets
Working for the success of the entire commercial metals supply chain. Promoting open markets and free trade. Helping members navigate challenges and thrive.
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Check out the economic, metals industry, and customs news in the July-August AMSCI newsletter. amsci.us/amsci-newslett…
Join AMSCI’s two-day webinar on "Doing Business in a Green Metals World" on Sept. 19-20 to learn about how carbon-cutting initiatives are changing the metals industry: amsci-green-metals-conference.com
In a new study by @consumerbrands, they found that increasing #tariffs on tinplate #steel imports can be harmful to both consumers and manufacturing workers. Read the summary of the report here: consumerbrandsassociation.org/press-releases…
EV batteries are becoming more and more popular as people make the switch to electric cars. The challenge: making sure mineral and metal manufacturing is keeping pace with demand. forbes.com/sites/forbesbu…
Interesting read: Why the U.S. Trade Office No Longer Runs Trade on.cfr.org/3FTmFZF via @CFR_org
Last #section232 #steel litigation ends as Supreme Court denies petition: thompsonhinesmartrade.com/2023/03/u-s-su…
thompsonhinesmartrade.com
U.S. Supreme Court Denies Petition Challenging Section 232 Steel Tariffs
On March 27, 2023, the U.S. Supreme Court denied a petition by USP Holdings, Inc. and related parties challenging the Trump administration’s Section 232
Tariffs impact on a micro scale of your regular daily life. Read about what is impacted by these #tariffs and how there are advocates trying to change them: njbiz.com/opinion-repeal…
njbiz.com
OPINION: Repeal the tariffs - NJBIZ
The president of OCA implores Congress "to finally repeal the Section 232 tariffs on steel and aluminum imports" to provide economic relief.
Recently, @SenMikeLee reintroduced his Global Trade Accountability Act, making it more difficult to enact more trade policy through executive orders. : thehill.com/opinion/intern…
Proposed carbon tariffs on steel are pitting integrated steel producers versus EAF steel producers. einnews.com/pr_news/630116…
The US/EU deal that replaced #Section232 steel/aluminum tariffs with TRQs ends in October. Read more about the US proposal for a ‘clean steel club’ and why the EU is hesitating: money.usnews.com/investing/news…
With demand for #steel and other metals higher than ever, our railways are trying to keep up. Some are saying the solution is digitization. forbes.com/sites/sap/2023…
Ever wonder why the #Nickel and #Steel markets fluctuate so much? There are many factors that impact this metal roller-coaster of an industry: oilprice.com/Metals/Commodi…
With the ongoing conflicts abroad and the increase of Section 232 #tariffs impacting material costs, people in the industry are attempting to transform the #supplychain from an international to regional endeavor. Read more here: bit.ly/3MBLuxv
To revitalize and strengthen the #supplychain, some in the industry feel #metals recycling is a potential solution and will grow into a major factor in the future. Read more about the potential impacts on supply chain metals recycling bring: bit.ly/3MDihSE
From 2018-2021, the price on #imports increased with the rise in Section 232 #tariffs and all of the financial burden has been placed on US importers. Read more about the USITC report and its findings here: bit.ly/3JyeHpK
After setbacks like the pandemic and global conflicts, for the #metals industry to survive it needs to adapt to new solutions like local collaboration and sustainability to make up for lost time. Read more suggestions for solutions here: bit.ly/3KUk5pf
Biden’s edits to Section 232 #tariffs exacerbate an existing problem. Goods like #aluminum are becoming too expensive and those expenses are reflected everywhere, most importantly in the goods we buy off the shelf. Read more here: bit.ly/404zHKY
New USITC report: industry representatives report that the Section 232 #tariffs on steel have led to decreased supplies of automotive #steel products and increased input costs for automotive manufacturers. bit.ly/3JyeHpK
“Tariffs benefit a small number of entities… at the expense of a far larger number of people and businesses across the economy” - @WayneWinegarden for @Forbes bit.ly/41jD1mE
With more than 6,600 breweries and two million jobs, the US beer industry is getting more and more expensive and it’s because of Section 232 #tariffs. Read more about how these taxes impacts you: bit.ly/43uLOUw
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