News & Analysis as of

Steel Industry Supply Chain

Braumiller Law Group, PLLC

Hot Topics in International Trade - August 2024 - New Presidential Proclamations – Section 232 Duties on Certain Steel and...

On July 10, 2024, the President issued two Presidential Proclamations related to the imposition of Section 232 duties on certain steel and aluminum products from Mexico. The first establishes a “melt and pour” requirement...more

Snell & Wilmer

New Tariffs and Metal “Melt-and-Pour” Requirements Implemented to Prevent Chinese Circumvention Through Mexico

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On July 10, 2024, the U.S. Government narrowed the tariff exclusions on imports of certain steel and aluminum articles from Mexico, citing national security concerns. These measures effectively impose new tariffs aimed at...more

White & Case LLP

Biden Administration Announces New Measures to Protect US Steel, Aluminum, and Shipbuilding Industries

White & Case LLP on

The Biden administration has announced a package of policy measures to protect the US steel, aluminum, and shipbuilding industries from what they allege are unfair trade practices by China and calling the industries critical...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Connections Newsletter — December 2023

Energy & Sustainability Connections brings the latest developments in energy investing, legal insights, company activity, and industry events straight to your inbox. This month’s edition includes: Legal Feature:...more

Baker Donelson

Final Build America, Buy America Act Guidance Released, Tightening U.S. Content Requirements For Federally Funded Infrastructure...

Baker Donelson on

The Office of Management and Budget (OMB) recently released guidance for the Build America, Buy America Act (BABA), which was enacted in November 2021 as part of the Infrastructure Investment and Jobs Act (IIJA)....more

Akin Gump Strauss Hauer & Feld LLP

What's Causing EU-US Impasse On Steel And Aluminum

In October 2021, the European Union and the United States launched negotiations for a Global Arrangement on Sustainable Steel and Aluminum, or GASSA, which would link import restraints to exporting countries' efforts to...more

Husch Blackwell LLP

IRS Releases Guidance on Domestic Content Bonus Credit Amounts

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On May 12, 2023, in Notice 2023-38 (the “Notice”), the IRS published rules intended for inclusion in forthcoming regulations regarding domestic content bonus credit amounts. The Inflation Reduction Act of 2022 amended §§...more

Wiley Rein LLP

Treasury and IRS Provide Initial Guidance on Inflation Reduction Act Domestic Content Bonus Credit Requirements

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On May 12, 2023, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued initial guidance on the Inflation Reduction Act’s (IRA) requirements for domestic content bonus tax credits for...more

Vinson & Elkins LLP

Highly Anticipated Domestic Content Bonus Guidance Released

Vinson & Elkins LLP on

On May 12, 2023, the Department of the Treasury (the “Treasury”) and Internal Revenue Service (the “IRS”) issued Notice 2023-38 (the “Notice”), providing guidance on the rules taxpayers must satisfy to qualify for the...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Round-Up 04/27/22

The Biden Administration plans to require U.S.-made steel and iron for American infrastructure, two major real estate players expand into the metaverse, robotics may be a solution to the construction industry’s labor...more

Wiley Rein LLP

More Changes to Buy American Act

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WHAT: As previewed in our prior alert, the Federal Acquisition Regulatory (FAR) Council on March 7, 2022 issued a final rule aimed at strengthening Buy American rules applicable to federal procurement. The final rule, which...more

ArentFox Schiff

Impact of Section 232 on the Electric Mobility Supply Chain

ArentFox Schiff on

Rare-earth magnets (i.e., neodymium-iron-boron permanent magnets), widely considered the most efficient way to power EVs, are the latest commodity to be potentially subject to Section 232 tariffs, which have previously been...more

Hogan Lovells

U.S. and EU have reached a settlement regarding Section 232 tariffs on steel and aluminum products

Hogan Lovells on

The U.S. and the EU have announced a settlement regarding the U.S. Section 232 duties on European steel and aluminum products. As part of that settlement, the U.S. Department of Commerce (Commerce) announced that the 25...more

Robins Kaplan LLP

Financial Daily Dose 5.18.2021 | Top Story: Amazon in Talks to Acquire Movie Studio MGM

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Struggling movie studio mainstay MGM is shopping itself hard to Amazon in hopes that the prospect of bringing “James Bond, Rocky, RoboCop and other film and television properties into the e-commerce giant’s fold” is enough to...more

Husch Blackwell LLP

April 2021 Trade Law Update

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In Husch Blackwell’s April 2021 Trade Law Newsletter, you’ll learn about the following updates in international trade and supply chain law: •Court of International Trade declared Section 232 tariffs on steel and aluminum...more

Bass, Berry & Sims PLC

Heightened Buy American Act Requirements Are Here and More Are on the Way

Bass, Berry & Sims PLC on

To protect the U.S. industrial base, among other reasons, companies that sell goods to the U.S. government are required to comply with domestic source restrictions that dictate the percentage of domestic content and have the...more

Bradley Arant Boult Cummings LLP

Significant Buy American Amendments Are Here

The Federal Acquisition Regulation (FAR) Council recently issued a final rule that implements the requirements of the Maximizing Use of American-Made Goods, Products, and Materials Executive Order. As discussed below, the...more

Sheppard Mullin Richter & Hampton LLP

“Buy (More) American” – Final Rule Implements Changes to the Buy American Act Regulations

On January 19, 2021, the Federal Acquisition Regulatory Council published the final rule amending the Federal Acquisition Regulation (“FAR”) in accordance with President Trump’s Executive Order 13881, “Maximizing Use of...more

Foley & Lardner LLP

As Raw Material Prices Are Set To Soar, the Effects of 2020 Will Be Felt Into the New Year

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Demand for most raw materials generally fell significantly in the early months of the Coronavirus pandemic, including the demand for steel. The sharp decline in demand caused many steel mills to curb production, which caused...more

Sheppard Mullin Richter & Hampton LLP

Proposed Changes to the Buy American Act Regulations Implementing Trump Executive Orders

On September 14, 2020, the Federal Acquisition Regulatory Council published the long anticipated proposed rule amending the Federal Acquisition Regulation (“FAR”) in accordance with President Trump’s Executive Order 13881,...more

Husch Blackwell LLP

Steel Import Licenses Must Include Country Of “Melt And Pour”

Husch Blackwell LLP on

The U.S. Department of Commerce’s (Commerce) Steel Import Monitoring and Analysis System (SIMA) will be modified effective October 13, 2020 to require that the country where the steel was “melted and poured” to be identified...more

Akin Gump Strauss Hauer & Feld LLP

232 Tariffs on Certain Imports of Aluminum from Canada

- In Presidential Proclamation 10060, announced on August 6, 2020, President Trump reinstated a 10 percent ad valorem tariff on imports of non-alloyed unwrought aluminum from Canada under the Section 232 of the Trade...more

Husch Blackwell LLP

BIS Announces The Opportunity To Submit Comments In The Section 232 Investigation On Imports Of Steel For Electrical Transformers

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The Department of Commerce’s Bureau of Industry and Security (“BIS”) issued a Federal Register Notice which is due to be published on May, 19, 2020, inviting comments from interested parties on its investigation regarding the...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - April 2020 #2

China Resumes LNG Imports from the U.S. - "Chinese buyers have resumed imports of liquefied natural gas from U.S. exporters, as Beijing started granting waivers to a 25% import tariff." Why this is important: In the...more

Society of Corporate Compliance and Ethics...

United States adjusts steel and aluminum tariffs

Report on Supply Chain Compliance 3, no. 4 (February 20, 2020) - The United States has imposed a 10% tariff on aluminum imports and a 25% tariff on steel imports since March 2018, following a determination by U.S....more

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