U.S. Steel Lauds Tariffs as Second-Quarter Results Show Rapid Growth, Spending Jump

SUGAR LAND--August 3, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--The Trump administration's embrace of tariffs has spurred heated debate at home and abroad, with the domestic steel-production industry among its staunchest defenders. The most recent quarterly results for United States Steel Corporation (NYSE:X) (Pittsburgh, Pennsylvania) show why: The policy has significantly boosted prices and operating profits for the company, which has an optimistic outlook for the coming years. Industrial Info is tracking more than $1 billion in active projects involving U.S. Steel, more than 60% of which are nearing or under construction. Within this article: Details on some of the highest-valued projects involving U.S. Steel, including a flat-rolled steel plant in Illinois, a steel coating plant in Ohio, and upgrades at a steel-product plant in Indiana.