Business Forward’s Latest American Steel Index Report: Price Difference Nearly Double Since February

Price difference between U.S. and foreign competitors is nearly double since February Business Forward, Inc. published its latest American Steel Index report today. The monthly report compares the prices American manufacturers and their foreign competitors pay for hot- and cold-rolled steel. U.S. steel prices have risen 11 percent since February, while competitors’ prices have fallen 4.8 percent. Key charts are below. Click HERE to read the report. The index helps demonstrates three important...

Business Forward’s Latest American Steel Index Report: Escalating Trade War Threatens 460,000 jobs

Business Forward’s Latest American Steel Index Report: Escalating Trade War Threatens 460,000 jobs This week, we published our latest American Steel Index report. The monthly report compares the prices American manufacturers and their foreign competitors pay for hot- and cold-rolled steel. U.S. steel prices have risen 14.8 percent since February, while competitors’ prices have fallen 3.2 percent. Key charts are below. Click HERE to read the report. The index helps demonstrates three...

Business Forward’s Latest Steel Index: U.S. manufacturers paying 25% more than foreign competitors

Business Forward, Inc. published its latest American Steel Index report today. The monthly report compares the prices American manufacturers and their foreign competitors pay for hot- and cold-rolled steel. Key charts are below. Click here to read the report. Yesterday, Business Forward held a conference call with Kristin Dziczek, Vice President of the Center for Automotive Research. She discussed the effect of increased steel prices on the auto industry and broader economy. Download a podcast...

Business Forward’s Latest Steel Index: American manufacturers paying 25% more than foreign competitors

Harm to American Manufacturers Increases; $270 Billion in Auto and Aerospace Exports at Risk Today we published the July edition of our American Steel Index report. The monthly report compares the prices American manufacturers and their foreign competitors pay for hot- and cold-rolled steel. Key charts are below. The index helps demonstrates three important points about today’s steel tariffs: Buyers in the U.S. are paying higher prices, while prices in competing markets are falling. The...

Is Manufacturing Coming Back to the United States?

On Monday, the President’s Advanced Manufacturing Partnership (AMP), chaired by Rafeal Reif, President of Massachusetts Institute of Technology, and Andrew Leveris, CEO of the Dow Chemical Company, a Business Forward member company, released by a report on how to boost advanced manufacturing in America. Informed by these findings, the White House announced a number of executive actions in cooperation with the private sector targeted at fostering innovation, improving the skills of our...