Struggling US steel industry seeks trade regulations

Global Business

Struggling US steel industry seeks trade regulations2

The American steel industry is suffering with one steel mill in the U.S. announcing that nearly 2,000 workers will have to be laid off, or made redundant, right after the U.S. holiday season.

Falling prices and global oversupply seem to be the ‘new normal’ for the U.S. steel industry.

CCTV America’s Roza Kazan reports.

Struggling US steel industry seeks trade regulations

Struggling US steel industry seeks trade regulations

The American steel industry is suffering with one steel mill in the U.S. announcing that nearly 2,000 workers will have to be laid off, or made redundant, right after the U.S. holiday season. Falling prices and global oversupply seem to be the ‘new normal’ for the U.S. steel industry. CCTV America’s Roza Kazan reports.