Recent tariffs on U.S. steel imports will likely hurt some Asian steel producers more than others, according to Nomura. Smaller South Korean companies are expected to be hit harder than their larger counterparts while Japanwill probably experience minor impact after U.S. President Donald Trump last week signed off on tariffs of 25 percent on steel imports, analysts from the research firm said in a note. &nbs
On May 23, 2018, the government of Dainan Town posted an announcement at The Conference for Rearranging and Closing Stainless Steel Intermediate Frequency Furnace of Dainan that all operating furnance in Dainan Town must be shut down on 0:00 a.m. of May 24, 2018, as well as all furnance in Taizhou, Jiangsu Province. The announcement has a significant influence in stainless steel fastener manufacturers of Dainan. T