ahlam1399
02-11-2019, 05:02 PM
http://s.wsj.net/public/resources/images/S1-BW322_SBSTEE_G_20190207091957.jpg
Nearly a year after the U.S. imposed tariffs on imported steel, the higher prices have been a godsend for Byer Steel Co. The family-owned Ohio company last year posted its first profit in four years and surprised workers with year-end bonuses.
The tariffs “are giving us the ability to get off our knees for a minute,” said Burke Byer, whose great-grandfather founded the Cincinnati company a century ago. “We’re not so hand-to-mouth.”
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Source link (https://www.wsj.com/articles/tariffs-have-increased-steel-pricesand-uncertaintyfor-many-small-u-s-firms-11549800000?mod=pls_whats_news_us_business_f)
More (http://ahlam1399.i234.me:8888/m/2019/02/11/a-tale-of-two-steel-firms-and-their-diverging-paths-under-trumps-tariffs/)
Nearly a year after the U.S. imposed tariffs on imported steel, the higher prices have been a godsend for Byer Steel Co. The family-owned Ohio company last year posted its first profit in four years and surprised workers with year-end bonuses.
The tariffs “are giving us the ability to get off our knees for a minute,” said Burke Byer, whose great-grandfather founded the Cincinnati company a century ago. “We’re not so hand-to-mouth.”
…
Source link (https://www.wsj.com/articles/tariffs-have-increased-steel-pricesand-uncertaintyfor-many-small-u-s-firms-11549800000?mod=pls_whats_news_us_business_f)
More (http://ahlam1399.i234.me:8888/m/2019/02/11/a-tale-of-two-steel-firms-and-their-diverging-paths-under-trumps-tariffs/)