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Romanian Steelmaker Exempt from Tariffs

Tuesday, March 19, 2002
 
The Romanian steel plant owned by Lakshmi Mittal will be exempt from the 30-percent U.S.-imposed duty on steel imports, according to reports out of the United Kingdom. Romania, which last year exported 187,000 tons of steel, is on the list of developing countries, including Argentina, Thailand and Turkey, that will not have to pay the tax when it comes into force on March 20. The U.K. government recently helped Mittal negotiate low-interest loans from the World Bank and the European Bank for Reconstruction and Development, for developing and modernizing its plants.

Oregon Steel Mills Raising Prices

Tuesday, March 19, 2002
 
Effective April 8, Oregon Steel Mills Inc., Portland, OR, will raise prices $20 to $30 per ton for steel plate wider than 6 feet. A $20/ton price hike affects hot-rolled carbon and high-strength low-alloy plate, while a $30/ton hike affects hot-rolled heattreated carbon and alloy plate.

Ford Selects Crane Supplier for Tier One Status

Monday, March 18, 2002
 
Morris Material Handling, Milwaukee, WI, maker of P&H cranes and hoists, has become a Tier One supplier to Ford Motor Company. Ford has purchased more than 300 P&H cranes for its factories throughout North America, including the purchase of two new cranes within the last year for Ford stamping plants in Buffalo, NY, and Detroit, MI. Some 70 percent of Ford's stamping-plant cranes in North America are P&H models. Morris will be a preferred supplier for all of Ford's material-handling needs at its 30 North American facilities.

 

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