This article is an update to one from June 1, 2018 titled “Impact on Steel Markets & Products of Trump Administration Trade actions”. You can read that memo here: https://marmacinc.com/impact-on-steel-markets-products-of-trump-administration-trade-actions/ Following U.S. trade policy over the course of the past 18 months has been difficult. Media reports are often speculative, sensational, and sometimes don’t provide the entire story. Interpreting government … Read More
“Buy America” Steel Requirements Increases Through Trump Executive Order
On July 15, 2019, President Trump signed an executive order to increase “Buy American” steel requirements for jobs using federal funding. Previous “Buy American” regulations required that 50% of the steel and iron used in federal contracts be sourced from US producers. The new order increases that requirement from 50% to 95%. You can learn more about this executive order … Read More
Water Infrastructure Bill Gives 5 Year Extension to “Buy America”
President Trump signed a water infrastructure bill on 10/23/18 that includes a provision to extend the Buy America mandate for an additional five years. The mandate requires federally funded water-infrastructure projects use America-made iron and steel. You can learn more about the signed infrastructure bill and its impact here: https://www.amm.com/Article/3832954/Water-infrastructure-pact-extends-Buy-America.html (may require AMM subscription to access) MAR-MAC PREMIUM Tie Wire … Read More
Impact on Steel Markets & Products of Trump Administration Trade Actions
Media reports have created more confusion than clarity around tariffs and effects on costs in the market for steel mill and downstream products. I offer this memo as an attempt at a brief summary to add clarity. It’s not exhaustive and I’m not putting myself forth as an authority on trade policy or politics. I’m not a trade attorney and … Read More
Effects of Recently Announced Section 232 Tariffs on Imported Steel Products
Effects of Recently Announced Section 232 Tariffs on Imported Steel Products DISCLAIMER: MAR-MAC is a manufacturer and distributor of building products for the reinforced concrete construction industry. MAR-MAC IS NOT A LAW FIRM. What follows is NOT LEGAL ADVICE. President Trump signed a proclamation on Thursday, March 8th to impose a 25% tariff on imported steel products as a result … Read More
Court affirms rebar tie wire must be Buy America certified
Case brought by Nucor, United Steelworkers Union, others Buy America requires that federally funded transportation projects use steel and iron produced in the U.S. American Metal Market: Buy America ruling brings cheer to iron, steel (only subscribers get full article) On December 21, 2015, the U.S. District Court of the District of Columbia ruled that rebar tie wire and other … Read More
We’ve Changed Our Look
New website, logo, and name We would like to share with you some things that are changing at MAR-MAC and tell you about some things that are not. What’s Changing? Let’s start with the website. We have launched a new web presence designed to provide you with more information about MAR-MAC’s capabilities, products, and resources. Check it out at www.marmacinc.com. You will notice … Read More