By now you’ve probably heard that every job in the steel industry creates seven supporting jobs. But did you know that every dollar spent on domestic goods creates a multiplier effect that impacts your local community and the overall U.S. economy? When you buy American product, your money multiplies through three levels of impact:...
Read moreIf you’ve been listening to the news lately, you know that President Trump’s 25% tariff on foreign steel has caused a similar increase in the price of domestic steel. That’s just basic economics. Now that foreign steel costs more, domestic steel can sell for a fair price. And most businesses have to pass the cost increase along to their custo...
Read moreThe new steel tariffs have countless critics, but many business leaders believe they’re critical for the health of both the American steel industry and the entire country. Zekelman Industries’ Executive Chairman and CEO Barry Zekelman explains in a recent...
Read moreIn our latest video, Zekelman Industries’ executive chairman and CEO, Barry Zekelman, gets real about what it’s like to work with steel these days. It’s not a dirty, old industry anymore — it’s an exciting place where you can earn a good living. There are hundreds of stories of entry-level workers advancing to build successful, life-chang...
Read moreIn this video Barry Zekelman, executive chairman and CEO of Zekelman Industries, says his work isn’t just about making money — it’s about making a positive impact on families across America. He’s seen manufacturing workers build careers, raise families, enjoy a great life and give back to the improvement of their communities, which benefits...
Read moreIn this video Barry Zekelman, executive chairman and CEO of Zekelman Industries, discusses the value of domestic manufacturing jobs. Over the years many American factory workers have been forced to take lower-paying jobs in the service industry. A revitalized U.S. manufacturing sector would mean higher wages and a boost in overall income for our fa...
Read moreThose outside the American steel industry might not know much about the impact of steel imports on our economy. A few years ago, people might have heard about the closing of mills such as...
Read moreThere are lots of reasons to choose American-made steel. Not only do you avoid paying tariffs on imports and help support the domestic steel industry, but money spent with American companies is recycled through the broader communities in the form of jobs, retail, taxes and more. In contrast, money spent with foreign companies leaves the U.S. and on...
Read moreOn March 1, 2018, President Trump announced his decision to act on the findings of the Section 232 investigation that began in April 2017. The measures — a 25% tariff on steel imports and a 10% tariff on aluminum imports, with at least temporary exemptions for Argentina, Australia, Brazil, Canada, the European Union, Mexico and South Korea — ha...
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