JSW Steel is now ahead of US-based Nucor Corp, which held a market capitalisation of $29.92 billion. Sajjan Jindal-led JSW Steel has achieved a significant milestone by becoming the world’s highest-valued steelmaker, with its market capitalisation exceeding $30 billion on Tuesday.The impressive performance of JSW Steel’s stocks is attributed to a broader upward trend among…
President Trump’s sweeping tariffs on foreign steel and aluminum went into effect on Wednesday, escalating America’s trade spats with global competitors, including close allies already reeling from his on-and-off approach to trade penalties. Mr. Trump’s tariffs of 25 percent on the metals hit imports that enter the United States from any country in the world….
US President Donald Trump and Prime Minister Narendra Modi (File Image) Donald Trump’s 25% tariff on all steel and aluminium imports go into effect on Wednesday with US President asserting that these taxes would generate US factory employment during a period when his fluctuating tariff policies are unsettling the stock market and raising economic decline…
President Trump’s sweeping tariffs on foreign steel and aluminum went into effect on Wednesday, escalating America’s trade spats with global competitors, including close allies already reeling from his on-and-off approach to trade penalties. Mr. Trump’s tariffs of 25 percent on the metals hit imports that enter the United States from any country in the world….
US President Donald Trump (Photo-AP) US President Donald Trump escalated trade tensions with Canada on Tuesday by doubling tariffs on steel and aluminum imports from 25% to 50%, citing price hikes on electricity by Ontario’s provincial government as the reason for the move.“I have instructed my Secretary of Commerce to add an ADDITIONAL 25% Tariff,…
President Donald Trump says that he will double his planned tariffs on steel and aluminum from 25% to 50% for Canada, escalating a trade war with the United States’ northern neighbor. Trump says the increase of the tariffs set to take effect on Wednesday is a response to the price increases that the provincial government…
Visakhapatnam, or as the Telugu biddas like to call it, ‘Vizag’, is Andhra Pradesh’s biggest metro city and lays claim to such honorifics as the ‘shipbuilding capital of India’ and the ‘jewel of the East coast’. And among the jewels the city boasts of is the government-owned Rashtriya Ispat Nigam Ltd (RINL) or the Vizag…
America has seen this movie before: President Trump, who imposed stiff tariffs on Monday on imported steel and aluminum, did so once before, in 2018. So domestic industries have a pretty good idea of how the story ends. Manufacturers of trucks, appliances and construction equipment scramble to find U.S. sources of metal inputs, keeping steel…
Follow live updates on Trump’s tariffs and executive orders. The 25 percent tariffs President Trump imposed on Monday on all U.S. imports of steel and aluminum will primarily hit American allies, but at their heart they strike at his longtime nemesis: China. The top five suppliers of steel to the American market in January were…
President Donald Trump moved to substantially raise tariffs on steel and aluminium imports on Monday, cancelling exemptions and duty-free quotas for major suppliers Canada, Mexico, Brazil and other countries in a move that could boost the risk of a multi-front trade war. Trump signed proclamations that raised the tariff rate on aluminium imports to 25…