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.”
02-11-2019, 05:02 PM
A Tale of Two Steel Firms and Their Diverging Paths Under Trump’s Tariffs
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