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Steel in sentence

896 examples of Steel in a sentence

It specializes in high-quality, special steel products designed for the most complicated uses.
Arcelor, one of the oldest steel manufacturers in the world, depends very little on the highly speculative world market for raw steel, and its workforce is (on average) highly qualified and stable.
Mittal, by contrast, is a conglomerate that has come out of nowhere to become the world’s leading steel company in a mere two decades.
It did so by brilliantly consolidating and rationalizing steel plants throughout the world.
Mittal is a strong but fragile company, for it is highly subject to the speculative waves of the global market for raw steel.
Mittal has an obvious interest in gaining control of Arcelor in order to improve its global geographic balance, boost its market share in high-end steel products, and reduce its vulnerability to the speculative jolts that occur in the raw steel market.
If it is led into a more adventurous strategy, its sustained policy of research and heavy investment in up-market steel products may be weakened.
Most of Lighthizer and Ross’s business experience has been in twentieth-century industries such as steel production, which has conditioned them to pursue twentieth-century solutions for America’s twenty-first-century industrial problems.
With Chinese steel and cement firms suffering from overcapacity, Chinese construction firms will profit from the new investment.
To understand the nature of the subsequent shift, consider that it is hard to find anyone today who worries that automobile prices will soar because rising demand in China and India for steel and other materials will push automobile prices out of reach in the future.
The rise of new economic powers with lower costs made employment loss in old industries like textiles, iron and steel, and shipbuilding inevitable.
But the US stands to lose a case brought against the Trump administration’s recently imposed tariffs on imported steel and aluminum, because they most likely violate WTO rules.
There would naturally be retaliation in the form of higher tariffs imposed by America’s trading partners, which is exactly what happened after the steel and aluminum tariffs were imposed earlier this year.
Trump’s Shot Heard Round the FootBRUSSELS – The first salvo in the transatlantic trade war has now been fired by the United States, which is imposing stinging tariffs on steel imports from the European Union (as well as from Canada and Mexico).
Any tit-for-tat response could thus quickly escalate from steel to the automotive industry, which is vital for Europe.
The EU argues that tariffs on steel imports mainly hurt the US itself, and most economists would agree.
Because the selective tariffs threatened by the Commission will affect finished products, not inputs like steel, the damage inflicted on EU consumers by European countermeasures will be smaller than the damage inflicted on the US economy by Trump’s steel tariffs.
The proper response to Trump’s claiming that a larger US steel industry is in the national interest should be: “Mr.
President, if you insist that national security requires your country’s industry to receive lower volumes of high-quality European steel, we can help.
With the import tariffs on steel just announced, the US will at least obtain some revenue.
For steel, the sums involved would be moderate.
For example, a generalized import tariff of 25% on steel products could yield almost $4 billion per year, even if imports were to fall by almost half (to $16 billion).
In other words, to the extent that Trump just wants allies to reduce their exports to the US, this can be accommodated by EU producers increasing prices and pocketing the higher revenues – never mind that US consumers of steel would thereby be subsidizing foreign steel producers.
Instead of blustering and showing off long lists of products on which the EU will now impose tariffs, European leaders should signal to the US that they are willing to organize a VER for their steel producers.
This is the approach successfully pursued by Korea, whose steel producers do not face a tariff, because they are reducing their exports by charging higher prices and can thus expect much higher profits.
The EU has just rejected such an offer, partly owing to a sentiment of wounded pride, but also because EU competition rules might make it difficult to organize a cartel of European steel producers.
During the Industrial Revolution in Western Europe in the late eighteenth and early nineteenth centuries, the pioneers and innovators in textiles, steel, and railroads were not, on the whole, rewarded with immense riches: their profits were competed away.
The more tons of steel produced, slabs of concrete poured, and gallons of crude oil pumped out of the ground the better.
Those disagreements are not only about Israel, or US tariffs on steel imports from the EU, or the possibility of American courts imposing the death penalty on suspected terrorists who carry European passports; they increasingly embody a fundamentally different vision about how the world should work.
There can be too much production of some commodities - say, pollution generating steel - and too little production of others - like research that advances knowledge.
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