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From the article you posted: “In response to current market conditions, we are taking actions aligned with our strategy by adjusting our global blast furnace f
by microwavecamera 7y ago
From the article you posted:
“In response to current market conditions, we are taking actions aligned with our strategy by adjusting our global blast furnace footprint,” the steelmaker said in a release.
Hmmm, I wonder what those "current market conditions" could possibly be? Also from the link you posted:
As the U.S. and China move toward a resumption of trade talks this month, China has lowered its tariff rates for some other countries, CNBC reported citing an analysis by the Peterson Institute for International Economics.
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Last month, the U.S. raised tariffs on $200 billion of Chinese products, to which China responded with tariffs on $60 billion in U.S. goods.