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Steel in sentence

896 examples of Steel in a sentence

At the same time, the administration has declared that US manufacturers that use steel as an input may apply for tariff exemptions from the Department of Commerce if they are unable to source the specialized products they need domestically.
US manufacturers that rely on steel inputs are already facing higher costs, and could soon face shortages, with the price of steel in the US having risen 50% above that in China or Europe.
The Peterson Institute for International Economics estimates that the levy on steel alone could destroy 195,000 jobs in the auto and auto-parts industry over the next three years.
For example, South Korea has agreed to limit its steel exports to the US to 70% of 2015-17 levels, raising the question of how such quotas should even be administered.
Either the South Korean government or the US Customs Service will have to monitor and limit each of the 59 categories of steel.
Either way, higher costs and delays will follow, because each South Korean exporter will have to request approval for each type of steel shipment.
But with a fixed-quota arrangement, there would be no competition among South Korean steel exporters in the US market.
By the end of June, the Department of Commerce had already received 21,000 applications for exemptions, and it expects that number to double this year.Processing these applications takes time and introduces further complications, all the more so because companies seeking exemptions must apply separately for each type of steel (with the only difference sometimes being the component’s shape), and because exemptions must be renewed annually.
But applications are also made public for 30 days, and if a domestic steel producer indicates that it can produce the steel type in question, the application is denied.
In practice, this system will allow any domestic producer to block duty-free imports of steel components that it believes it can produce.
By linking European means of production together – first through the European coal and steel community, and later through the common market and the euro – the EU hoped to bind Europe’s states together so closely that war between them would no longer be an option.
Unless the North Korea standoff escalates critically, he will likely initiate anti-dumping actions against Chinese industries – notably in steel – deemed to be selling their goods below cost; and he will probably launch a broad assault on intellectual-property violations in China.
In fact, much investment has been wasted: Huge new apartment blocks in some third-tier cities will never be occupied, and heavy-industry sectors such as steel and cement now suffer from severe overcapacity.
And energy-intensive industries such as steel and aluminum will also replace fossil fuels with zero-carbon electricity and hydrogen.
Many are fed up with the arbitrary imposition of trade barriers – affecting goods ranging from chocolate to steel pipes – in their former Soviet markets.
Cheaper power strengthens international competitiveness, particularly for energy-intensive industries like petrochemicals, aluminum, steel, and others.
For example, 750 Chinese workers were shipped to Indonesia, along with 630,000 tons of steel, to construct the five-kilometer Suramadu bridge linking Surabaya to Madura.
This does not mean that international cooperation has become impossible, much less that countries have no choice but to steel themselves for a coming age of dysfunctional alliances, proxy conflicts, or even war.
Trump’s imposition of tariffs on steel and aluminum imports is undoubtedly popular with at least some of his base, but it has infuriated America’s closest allies, which have already begun retaliating.
Economists predict that the Trump administration’s tariffs will cause over 400,000 job losses in the US – which translates to 16 losses for every one job saved in steel and aluminum.
The list of examples is long, but it includes subsidies to large corporate farms, tariffs to protect the steel industry, and, most recently, the mega-bail-outs of Bear Stearns, Fannie Mae, and Freddie Mac.
In fact, they have been warned not to wander beyond Sochi’s “ring of steel” security perimeter and the watchful gaze of black-and-gray-clad police officers, even though Olympians typically like to explore local sights.
Trump’s decision to impose tariffs on imported steel and aluminum left the US and Canada deeply divided at the Quebec summit, and their split over trade is certain to have much broader political implications.
For example, this April – after the US had launched its trade war with tariffs on steel and aluminum – the Development Committee of the World Bank Board of Governors endorsed a package that included a $7.5 billion paid-in capital increase for the IBRD.
This has led energy-intensive European industries – including producers of glass, steel, chemicals, and pharmaceuticals – to invest heavily in the US.
The Austrian steel producer Voestalpine AG, for example, will start producing steel pellets in the southern US that will then be upgraded to high-quality alloys in Austria.
Billions of dollars are flowing into auto, steel, chemical, and high-tech electronics plants, setting the stage for China to be a major exporter of high-end products.
The industrialized countries have pledged to support their developing-country counterparts, like those in Africa, in their effort to steel themselves against climate change.
Although the whole world has suffered severely from the crisis, Ukraine was hit worse than most countries, as international demand for steel, which accounted for 42% of exports in the first half of 2008, collapsed.
“We are not going to save the planet by shutting down our steel mills, aluminum smelters, and paper manufacturers,” he declared in 2011.
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