CNN is reporting steel stocks may be bubbling-up in price.

A new report from Majestic Steel shows a rise in global and domestic steel.

The Coalition of American Metal Manufacturers and Users (CAMMU) issued the following statement against enacting the Section 232 tariffs against Canada.

March brought the COVID-19 pandemic and the resulting economic shutdown in almost every state created an entirely new world for manufacturers.

With a mission to “give the customer what they need when they need it,” Dennis Leebow opened Majestic Steel USA’s operations in 1979. Now the company's next generation, represented by his son and current CEO Todd Leebow, plans an expansion. 

"We are not yet looking at a glut of seaborne iron ore. But risks are escalating, and the balance is tilting towards a bigger hit to iron ore demand than supply."

A new report from Majestic Steel shows global and domestic steel production has decreased. 

At their two-year anniversary, the 232 tariffs are unquestionably hurting steel-using manufacturers and consumers across the U.S. says the Coalition of American Metal Manufacturers and Users. 

Now up after dropping four out of the previous five weeks, according to Majestic Steel. 

Comments of HARDI and Wood Mackenzie on the coronavirus' potential impact on the economic distribution market.