White House unveils trade plan to boost ‘green’ steel - E&E News by POLITICO (eenews.net)
The White House is calling for a large increase in tariffs on Chinese steel and aluminum as part of a push for low-carbon manufacturing. China’s “overcapacity poses a serious risk to the future of the American steel and aluminum industry,” White House economic adviser Lael Brainard said Tuesday on a call with reporters previewing the plan. “China’s subsidies and other forms of support lead to exports flooding global markets at artificially low prices undercutting American steel that is cleaner.
Brainard said the White House is urging the U.S. Trade Representative to impose a roughly 22.5 percent average tariff on Chinese steel and aluminum imports — triple the current level of 7.5 percent.”
Thats a crazy increase. Well, Green steel wins = MGT wins. UKUS for the win!
- Forums
- ASX - By Stock
- Understanding the demand for Green Steel
White House unveils trade plan to boost ‘green’ steel - E&E News...
-
- There are more pages in this discussion • 200 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MGT (ASX) to my watchlist
(20min delay)
|
|||||
Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $21.33M |
Open | High | Low | Value | Volume |
18.0¢ | 18.5¢ | 17.5¢ | $14.97K | 83.40K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 90014 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 30666 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 90014 | 0.175 |
8 | 139764 | 0.170 |
2 | 11200 | 0.165 |
1 | 50000 | 0.160 |
1 | 10000 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 30666 | 2 |
0.195 | 52668 | 4 |
0.200 | 132206 | 3 |
0.205 | 49999 | 1 |
0.215 | 1946 | 1 |
Last trade - 15.42pm 04/10/2024 (20 minute delay) ? |
Featured News
MGT (ASX) Chart |