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Olympic Steel Announces Completion of Amendment and Extension of Credit Facility
With 74% Ownership of the Shares, Olympic Steel, Inc. (NASDAQ:ZEUS) Is Heavily Dominated by Institutional Owners
Olympic Steel Welcomes Alex Hegler as General Manager
Olympic Steel Recognized as John Deere "Partner-Level Supplier"
The USA has excluded Steel, Aluminum, and Gold from reciprocal tariffs to alleviate cost pressure on domestic enterprises.
The White House stated that Steel and Aluminum imported products will not be affected by reciprocal tariffs, which will provide some buffer for domestic buyers in the USA.
Trump announced the implementation of "reciprocal tariff" measures, and several trade partners stated they would take countermeasures.
On April 2, the president of the USA, Trump, signed two executive orders announcing a 10% "minimum benchmark tariff" on all trade partners and imposed higher tariffs on several trade partners; The benchmark tariff rate will take effect at midnight on April 5, and reciprocal tariffs will take effect at midnight on April 9; Several trade partners have stated that they will take countermeasures, and the EU and Canada have already formulated counter plans.
Ezkilz : clf?
ASteffie : I was just hoping I might be holding these. I am on Cleveland CLF
Tonyco : $United States Steel (X.US)$
$Steel (SPLP.US)$
Tonyco : also $Greenwave Technology Solutions (GWAV.US)$ (scrap) Risky, but they seem confident.
$Heritage Global (HGBL.US)$ (financial distress) lots more bankruptcy coming for Trump related reasons.
$Pangaea Logistics Solutions (PANL.US)$ Northwest Passage will become navigable 24/7 within 5 years. This route is superior to Suez and Panama, being 35% shorter distance. They happen to have the largest specialized fleet capable of navigating the waters sooner rather than later.