Steel
in sentence
896 examples of Steel in a sentence
Assume that one ton of
steel
and ten barrels of oil are needed to produce one car.
Especially in China’s massive interior, rapid urbanization requires high output from
steel
mills, chemical refineries, and coal-fired electricity plants, leading to the dangerously high levels of air pollution that have become synonymous with Chinese-style development.
Trump announced that he was doubling US import tariffs on Turkish aluminum and steel, to 20% and 50%, respectively.
But with the doubling of US import tariffs on Turkish
steel
and aluminum, the lira plummeted by another 12% in a single day.
The policy is rooted in central planning, which, three decades ago, led to artificially low prices and, in turn, to shortages of basic necessities and key production inputs, such as grain and
steel.
He exempted Argentina, Australia, Brazil, Canada, the European Union, Mexico, and South Korea from his
steel
and aluminum tariffs, minimizing the impact on those countries and also on domestic metal-using industries.
Obviously, these trade actions are much larger and more dangerous than those affecting $3 billion of Chinese aluminum and
steel.
But neither those concerns nor Chinese retaliation will win the US any sympathy, because the administration’s latest action comes on the heels of bogus US
steel
and aluminum tariffs, trumped up, as it were, on national security grounds.
Feeling the heat, the Trump administration could choose to nuance its intellectual-property policy, just as it nuanced its
steel
and aluminum measures.
With South Korea, Brazil, Australia, and Argentina permanently exempted from US tariffs on
steel
and aluminum, and with certain measures applied only to final goods and primary products, the impact of rising Sino-American trade tensions has so far been limited.
While we have become familiar with China’s ardent interest in natural resources such as oil, coal, steel, copper, and soybeans, we are far less acquainted with other kinds of Chinese investments, including outright acquisitions of foreign companies.
News of the pending deal caused 50 Congressional Representatives from the US
steel
caucus to write a letter to Treasury Secretary Timothy Geithner calling for an investigation of the threat the deal posed to US national security and American jobs.
The
steel
and aluminum tariffs that the Trump administration imposed at the beginning of June were important mainly for their symbolic value, not for their real economic impact.
As for Trump, he gave us his tower, one of the ugliest in Manhattan, with its clunky, derivative architecture, its gigantic atrium, its 25-meter waterfall to impress the tourists – a Tower of Babel in glass and
steel
built by a Don Corleone from the dregs in which all of the world’s languages will indeed be fused into one.
After all, it requires a lot less energy to create a software program than it does to produce a ton of
steel.
By 1946, the Allies had reduced Germany’s
steel
output to 75% of its pre-war level.
One and a half tons of unnecessary
steel
are simply hitching a ride.
The Bush Administration supported bailouts for airlines, unprecedented subsidies for agriculture, and tariff protections for
steel.
An increase in the stock price of
steel
manufacturers suggests an increase in the demand for steel, which induces entrepreneurs to start more
steel
plants and investors to provide them with the money.
Conversely, a decrease in the stock price of
steel
manufacturers leads entrepreneurs to liquidate existing plants and dissuades investors from committing more resources to the sector.
Building a nation demands more than
steel
and concrete.
After all, if America, with its relatively low level of unemployment and social safety net, finds it must take action to protect its workers and firms against competition from abroad - whether in software or
steel
- such action by developing countries is all the more justified.
Eastern Ukraine is dominated by old-fashioned energy-intensive coal and
steel
industries.
But Trump – who has also refused to exclude permanently Japan, the European Union, and Canada from his administration’s
steel
and aluminum tariffs – pays no mind to his allies’ preferences.
The Treaty of Rome, which established the common market back in 1957, did not distinguish between state-owned and private enterprises, though vast sectors of the economy (most of the coal and
steel
industry, and in many countries banking) were in state hands at the time.
Nearly every industrial sector that, according to the stimulus package, deserves direct and immediate government support is energy-intensive and polluting (cement and steel, for example) or heavily managed by the state sector, and therefore missing incentives to balance growth with environmental protection (as is the case with the oil industry).
Consider imported steel, which the Trump administration targeted with 25% tariffs in March.
The stated basis for those tariffs was “national security,” even though US defense industries account for just 3% of the country’s
steel
consumption.
In the case of rivals such as China,
steel
imports were already subject to tariffs as high as 70%, and accounted for only 2% of US
steel
consumption.
US import tariffs now apply to 59 different types of
steel.
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