Steel Products

Trump Tabs DiMicco as Trade Advisor
Written by Tim Triplett
December 5, 2017
Dan DiMicco, former CEO of Nucor Corp., has been appointed to a four-year term as a member of President Trump’s Advisory Committee for Trade Policy and Negotiations, the White House announced in a Dec. 4 release.
DiMicco, who retired from Nucor, is a former trade advisor to the Trump campaign and serves as chairman of the Coalition for a Prosperous America, which claims to be “Washington’s leading organization fighting for a new trade policy to deliver balanced trade, restored health for American industries, broadly shared economic growth and more jobs for American workers.”
{loadposition reserved_message}
DiMicco was an early Trump supporter, especially on issues of fair trade. As head of Nucor, his was among the loudest voices calling for restrictions on low-priced steel imports from China and other countries.
Commenting on the contentious NAFTA negotiations in a recent Bloomberg article, the former steel executive said, “If we can’t negotiate a deal to make trade more balanced, the only option is to walk away.”

Tim Triplett
Read more from Tim TriplettLatest in Steel Products

Active rig counts rise in US and Canada
Drilling activity increased in both the US and Canada last week, according to the latest oil and gas rig count data released by Baker Hughes.

FabArc Steel Supply completes projects in Mississippi, Georgia
FabArc Steel Supply announced this week the completion of two large-scale projects in Georgia and Mississippi.

US rig count slips, Canada ticks higher
ncreases through September, according to the latest Baker Hughes rig count data.

CRU: EC to toughen steel safeguards
The European Commission proposes cutting its steel import quota by almost half, with volumes exceeding the limit facing 50% duties. The region’s steel industry welcomes the move, while other steel-producing nations fear the consequences. CRU published an insight before this announcement, noting that more restrictive trade policy could significantly raise the cost of marginal supply […]

US and Canadian rig counts stabilize
US counts continue to hover just above historic lows, while Canadian figures remain comparatively healthy.