Ak Steel News

The United States on Thursday said it will impose tariffs on aluminum and steel imports from Canada, Mexico and the European Union, reigniting investor fears of a global trade war as Washington's allies took steps to retaliate against U.S. goods.The move, announced by U.S. Commerce Secretary Wilbur Ross in a telephone briefing on Thursday, ended months of uncertainty about potential tariff exemptions and suggested a hardening of the Trump administration's approach to trade negotiations.It also sent a chill through financial markets…

U.S. President Donald Trump announced on Thursday he would impose tariffs of 25 percent on imported steel and 10 percent on aluminum, in a move the administration said would protect U.S. industry, but which critics said would fail to boost jobs and risked stoking a trade war with China. Trump, speaking after a meeting with U.S. steel and aluminum makers said the duties would be formally announced next week. “We’re going to build our steel industry back and our aluminum industry back," he said. News of the tariffs drove the stocks of U.S.

U.S. President Donald Trump announced on Thursday he would impose tariffs of 25 percent on imported steel and 10 percent on aluminum, in a move the administration said would protect U.S. industry, but which critics said would fail to boost jobs and risked stoking a trade war with China. Trump, speaking after a meeting with U.S. steel and aluminum makers said the duties would be formally announced next week. “We’re going to build our steel industry back and our aluminum industry back," he said. News of the tariffs drove the stocks of U.S.

The Ports of Indiana named Rick Heimann Port Director for the Port of Indiana-Burns Harbor effective January 16. Heimann recently served as Sourcing Manager, specializing in rail and water transportation, for ArcelorMittal USA in East Chicago. “The opportunity to lead the Port of Indiana-Burns Harbor is an exciting endeavor,” said Heimann. Prior to joining ArcelorMittal USA, Heimann served as Transportation Manager for AK Steel and Sales Manager for barge line, The Ohio River Co. He holds a bachelor’s degree in business administration from St. Joseph’s College and a master’s degree from Xavier University, also in business administration. Heimann and his wife, Debbie, live in Schererville, Indiana.

Terresolve Technologies, an industry leader in producing environmentally safe lubricants and functional fluids, today announced that Stephen Fazekas has joined the company as director of business development. Fazekas holds more than 21 years of industrial experience in the areas of market development, management, direct sales and engineering. At Terresolve, Fazekas will explore new market opportunities as well as develop and enhance business opportunities within the company’s existing target markets.