41. The European Union filed a complaint with the World Trade Organization Friday, challenging U.S. import restrictions on two steel products. 42. The industry is about to benefit from a growing demand for steel products from an economy that continues to remain strong. 43. The higher dollar has also diminished the threat poised by imported steel products. 44. The Hong Leong group, headed by Malaysian businessman Quek Leng Chan, has interests in building materials manufacturing and trading, steel products and office products. 45. The higher dollar also diminished the threat poised by imported steel products. 46. The only healthy segment in the industry is the modern minimills, which make finished steel products from recycled steel through a newer electric-arc process. 47. The president also warned nations that are dumping their steel products into the United States. 48. The price of basic steel products has fallen by about half in recent years, by some accounts to its all-time lowest level in inflation-adjusted terms. 49. The steelmaking process requires the use of old steel to make new, so all steel products contain some of the same recycled material. 50. The trend could indicate weakening prices for higher-end steel products as well, including cold-rolled and galvanized steel, Atwell said. |