#Iron And Steel Market
Explore tagged Tumblr posts
Text
From Ore to Infrastructure: Key Insights into the Iron and Steel Market
The global iron and steel market size is expected to reach USD 2,253.52 billion by 2030, according to a new report by Grand View Research, Inc. expanding at a CAGR of 3.8% from 2023 to 2030. Rising demand for heavy machinery and growth in the construction industry is expected to augment market growth over the forecast period.
Over 98% of the total iron ore transforms into pig iron, which is a crucial component in the production of steel. Finished steel products are used in various industries, such as heavy industry, construction, automotive, and consumer goods. In heavy industry, steel is a strong material that can handle heavy weights and tough conditions. It provides stability and safety to heavy machinery, equipment, and infrastructure by maintaining their structural integrity. Thus, it is widely used in heavy industries such as shipbuilding, defense products manufacturing, and oil & gas.
Investment in the oil & gas industry is expected to drive the demand for steel over the forecast period. For instance, in April 2022, Cairn Oil & Gas, a Vedanta Group subsidiary, announced investing USD 700.0 million in oil & gas exploration projects in India. The company plans to invest in 100 exploratory wells, including the project in the Barmer region of Rajasthan, India.
Despite the rising penetration in various end-use industries, the product faces hindrances in the automotive industry. Electric vehicles prefer to use aluminum because of its lightweight and robust characteristics. This lightweight property helps reduce fuel consumption and lowers carbon emissions. As a result, aluminum is increasingly being used as a substitute for steel in electric vehicles, and this trend is expected to negatively affect the global market growth in the foreseeable future.
Region-wise, Asia Pacific is projected to undergo substantial revenue growth with a CAGR of 3.6% across the forecast period. This growth can be attributed to substantial investments in the region's construction and infrastructure sectors of developing economies. For instance, The Indonesian parliament approved the Capital City Bill in January 2022, paving the way for constructing a new capital city in the East Kalimantan province. The country has plans to invest USD 35 billion in the project, which is projected to be finalized by 2024.
In terms of competitive rivalry, the global market is characterized by intense competition and fragmentation. Major market players are implementing strategies such as mergers and acquisitions to strengthen their positions to expand their capacities. For instance, in January 2022, POSCO agreed with Adani Group, an Indian multinational conglomerate, to set up a mill worth USD 5.0 billion in Gujarat, India. The new mill utilizes green hydrogen and renewable energy sources for steel production. Furthermore, the companies agreed to collaborate in various industries, including logistics, renewable energy, and hydrogen.
Iron And Steel Market Report Highlights
Based on iron ore application, the steel segment is expected to register a growth rate of 2.0% in terms of revenue over the forecast period. The production of steel is expected to increase over the forecast period on account of rising investments in the construction of smart cities, led by increasing urbanization rates.
For example, Saudi Arabia’s NEOM project is anticipated to consume the largest amount of iron and steel. Further, at a capacity of 650 tons per day, the NEOM project will commence hydrogen production in 2026, which will be used by green steel and cement industries, for the city to run at 100% renewable energy.
Based on steel end-use, the building & construction segment captured the largest revenue share of the market, with over 45.0% in 2022. Rising investment by emerging economies to modernize their infrastructure is expected to propel the demand for the product.
Based on region, the Middle East & Africa is expected to achieve a revenue growth rate of 4.3%, over the forecast period. This growth is primarily driven by the emergence of infrastructure projects in the Middle East, which in turn is boosting the demand for products in the region.
Iron And Steel Market Segmentation
Grand View Research has segmented the iron and steel market report on the basis of product, iron ore application, steel end-use, and region.
Iron & Steel Product Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)
Iron Ore
Steel
Iron Ore Application Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)
Steel
Other
Steel End-Use Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)
Building & Construction
Automotive & Transportation
Heavy Industry
Consumer Goods
Other
Iron & Steel Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)
North America
US
Canada
Mexico
Europe
Germany
UK
France
Spain
Italy
Russia
Turkey
Asia Pacific
China
Japan
India
South Korea
Central & South America
Brazil
Argentina
Middle East & Africa
Iran
Order a free sample PDF of the Iron And Steel Market Intelligence Study, published by Grand View Research.
0 notes
Text
Iron & Steel Market - Forecast(2024 - 2030)
Iron and Steel Market is analyzed to be $2.3 trillion in 2023 and is projected to reach $2.9 trillion in 2030. The market is estimated to grow with a CAGR of 4.0% during 2024-2030. Iron makes up 5% of Earth’s crust and is also found in the core of all the planets in the solar system. It oxidises/ rusts when it comes in contact with oxygen, so it is rarely used in its pure form. It is also very hard and brittle, and therefore is generally used in numerous industries.
0 notes
Text
Ferrochrome Market Size, Share, Demand, Future Growth, Challenges and Competitive Analysis
"Global Ferrochrome Market – Industry Trends and Forecast to 2029
Global Ferrochrome Market, By Type (High Carbon, Medium Carbon, Low Carbon, and Ferro Silico Chrome), Application (Stainless Steel, Cast Iron, Powder Metallurgy, and Others) - Industry Trends and Forecast to 2029.
Access Full 350 Pages PDF Report @
**Segments**
- **Type**: - High Carbon Ferrochrome - Medium Carbon Ferrochrome - Low Carbon Ferrochrome
- **Application**: - Stainless Steel - Engineering Steel - Alloy Steel - Others
- **End-Use Industry**: - Aerospace - Automotive - Construction - Others
The ferrochrome market can be segmented based on type, application, and end-use industry. In terms of type, the market is divided into high carbon ferrochrome, medium carbon ferrochrome, and low carbon ferrochrome. High carbon ferrochrome is primarily used in stainless steel production, while medium and low carbon ferrochrome find applications in engineering steel and alloy steel manufacturing. Regarding applications, ferrochrome is extensively utilized in stainless steel, engineering steel, alloy steel, and other sectors. Moreover, in terms of end-use industries, aerospace, automotive, construction, and other sectors are major consumers of ferrochrome.
**Market Players**
- Glencore - Eurasian Resources Group - Samancor Chrome - Hernic Ferrochrome - IFM (International Ferro Metals)
The ferrochrome market features key players such as Glencore, Eurasian Resources Group, Samancor Chrome, Hernic Ferrochrome, and IFM (International Ferro Metals). These companies are actively involved in the production, distribution, and marketing of ferrochrome products globally. Glencore, a renowned name in the mining and metals industry, has a significant presence in the ferrochrome market. Similarly, Eurasian Resources Group and Samancor Chrome are major players with a strong foothold in the market. Hernic Ferrochrome and IFM (International Ferro Metals) also play crucial roles in shaping the competitive landscape of the ferrochrome industry.
https://www.databridgemarketresearch.com/reports/global-ferrochrome-marketThe ferrochrome market is witnessing significant growth driven by the increasing demand for stainless steel, engineering steel, and alloy steel across various industries. Stainless steel, a key application of ferrochrome, is widely used in sectors such as construction, automotive, and aerospace due to its corrosion resistance and durability. The aerospace industry, in particular, relies on high-quality stainless steel components for aircraft manufacturing, driving the demand for high carbon ferrochrome. Similarly, the automotive sector utilizes ferrochrome in the production of components such as engine parts and exhaust systems, contributing to the market's growth.
Moreover, the construction industry plays a crucial role in the demand for ferrochrome, as stainless steel is extensively used in infrastructure projects, architectural structures, and building materials. The superior strength and aesthetic appeal of stainless steel make it a preferred choice in construction applications, thereby propelling the consumption of ferrochrome in this sector. Additionally, the engineering steel segment benefits from the properties of medium and low carbon ferrochrome, which enhance the mechanical properties and machinability of steel products used in various industrial applications.
In terms of market players, companies such as Glencore, Eurasian Resources Group, Samancor Chrome, Hernic Ferrochrome, and IFM (International Ferro Metals) are key players driving the growth and innovation in the ferrochrome industry. These companies have a strong global presence and invest in research and development to improve product quality and cater to evolving consumer needs. Glencore, known for its expertise in mining and metals, leverages its extensive resources and technological capabilities to maintain a competitive edge in the ferrochrome market.
Furthermore, technological advancements and strategic alliances among market players are expected to shape the future landscape of the ferrochrome market. Collaboration between manufacturers, end-users, and research institutions can lead to the development of advanced ferrochrome products tailored to specific industry requirements. The growing focus on sustainable practices and environmental regulations also drives innovation in ferrochrome production processes, aiming**Global Ferrochrome Market Analysis**
- **Market Trends**: - The ferrochrome market is experiencing growth due to the rising demand for stainless steel across various industries, including automotive, construction, and aerospace. Stainless steel's corrosion resistance and durability make it a preferred material, driving the need for ferrochrome as a key alloying element. - The construction industry is a significant driver of ferrochrome consumption, as stainless steel is widely utilized in infrastructure projects and architectural applications. The strength and aesthetic appeal of stainless steel contribute to its popularity in the construction sector, thereby boosting the demand for ferrochrome. - Technological advancements and strategic collaborations among market players are shaping the future of the ferrochrome market. Companies are investing in research and development to enhance product quality and meet evolving consumer requirements. Additionally, a focus on sustainable practices and environmental regulations is driving innovation in ferrochrome production processes.
- **Market Forecast**: - The global ferrochrome market is projected to witness steady growth in the coming years, driven by an increasing preference for stainless steel in various applications. The aerospace industry's demand for high-quality stainless steel components and the automotive sector's reliance on ferrochrome for engine parts and exhaust systems will further propel market growth. - The construction industry's continued investments in infrastructure development and architectural projects will fuel the consumption of ferrochrome for stainless steel applications. Moreover, the engineering steel segment is expected to benefit from the properties of medium and low carbon fer
Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Ferrochrome Market
Chapter 3: Regional analysis of the Global Ferrochrome Market industry
Chapter 4: Ferrochrome Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
Countries Studied:
North America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Browse Trending Reports:
Bio Based Succinic Acid Market Baselayer Compression Shirts Market Trauma Devices Market Dairy Flavours Market Immunogenetics Market l Carnitine Market Iv Infusion Bottle Seals And Caps Market Self Storage And Moving Services Market Acute Bronchitis Market Thrombophilia Market Tetracyclines Market Agricultural Biologicals Market Two Part Adhesive Market Labeling Equipment Market Fruit And Herbal Tea Market Air Filter For Automotive Market Organic Feed Market Soy Milk Infant Formula Market Pallet Stretch Wrapping Machine Market
About Data Bridge Market Research:
Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact Us:
Data Bridge Market Research
US: +1 614 591 3140
UK: +44 845 154 9652
APAC : +653 1251 975
Email: [email protected]"
#Global Ferrochrome Market – Industry Trends and Forecast to 2029#Global Ferrochrome Market#By Type (High Carbon#Medium Carbon#Low Carbon#and Ferro Silico Chrome)#Application (Stainless Steel#Cast Iron#Powder Metallurgy#and Others) - Industry Trends and Forecast to 2029.#Access Full 350 Pages PDF Report @#https://www.databridgemarketresearch.com/reports/global-ferrochrome-market#**Segments**#- **Type**:#- High Carbon Ferrochrome#- Medium Carbon Ferrochrome#- Low Carbon Ferrochrome#- **Application**:#- Stainless Steel#- Engineering Steel#- Alloy Steel#- Others#- **End-Use Industry**:#- Aerospace#- Automotive#- Construction#The ferrochrome market can be segmented based on type#application#and end-use industry. In terms of type#the market is divided into high carbon ferrochrome
0 notes
Text
Don't miss out on business opportunities in Iron & Steel Market Industry Download to our Report PDF Brochure & gain crucial industry insights that will help your business grow. Click on Link For PDF Download https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=240207849&utm_source=linkedin-ks&utm_medium=social&utm_campaign=chksoct24
#stainlesssteel#iron & steel industry#iron & steel#iron industry#iron#steel market#steel industry#steel
1 note
·
View note
Text
Iron and Steel Market's Journey in Fueling the Engine of Progress
The global iron and steel market size is expected to reach USD 2,253.52 billion by 2030, according to a new report by Grand View Research, Inc. expanding at a CAGR of 3.8% from 2023 to 2030. Rising demand for heavy machinery and growth in the construction industry is expected to augment market growth over the forecast period.
Iron And Steel Market Report Highlights
Based on iron ore application, the steel segment is expected to register a growth rate of 2.0% in terms of revenue over the forecast period. The production of steel is expected to increase over the forecast period on account of rising investments in the construction of smart cities, led by increasing urbanization rates.
For example, Saudi Arabia’s NEOM project is anticipated to consume the largest amount of iron and steel. Further, at a capacity of 650 tons per day, the NEOM project will commence hydrogen production in 2026, which will be used by green steel and cement industries, for the city to run at 100% renewable energy.
Based on steel end-use, the building & construction segment captured the largest revenue share of the market, with over 45.0% in 2022. Rising investment by emerging economies to modernize their infrastructure is expected to propel the demand for the product.
Based on region, the Middle East & Africa is expected to achieve a revenue growth rate of 4.3%, over the forecast period. This growth is primarily driven by the emergence of infrastructure projects in the Middle East, which in turn is boosting the demand for products in the region.
For More Details or Sample Copy please visit link @: Iron And Steel Market Report
Over 98% of the total iron ore transforms into pig iron, which is a crucial component in the production of steel. Finished steel products are used in various industries, such as heavy industry, construction, automotive, and consumer goods. In heavy industry, steel is a strong material that can handle heavy weights and tough conditions. It provides stability and safety to heavy machinery, equipment, and infrastructure by maintaining their structural integrity. Thus, it is widely used in heavy industries such as shipbuilding, defense products manufacturing, and oil & gas.
Investment in the oil & gas industry is expected to drive the demand for steel over the forecast period. For instance, in April 2022, Cairn Oil & Gas, a Vedanta Group subsidiary, announced investing USD 700.0 million in oil & gas exploration projects in India. The company plans to invest in 100 exploratory wells, including the project in the Barmer region of Rajasthan, India.
Despite the rising penetration in various end-use industries, the product faces hindrances in the automotive industry. Electric vehicles prefer to use aluminum because of its lightweight and robust characteristics. This lightweight property helps reduce fuel consumption and lowers carbon emissions. As a result, aluminum is increasingly being used as a substitute for steel in electric vehicles, and this trend is expected to negatively affect the global market growth in the foreseeable future.
Region-wise, Asia Pacific is projected to undergo substantial revenue growth with a CAGR of 3.6% across the forecast period. This growth can be attributed to substantial investments in the region's construction and infrastructure sectors of developing economies. For instance, The Indonesian parliament approved the Capital City Bill in January 2022, paving the way for constructing a new capital city in the East Kalimantan province. The country has plans to invest USD 35 billion in the project, which is projected to be finalized by 2024.
IronAndSteel #SteelIndustry #Metallurgy #SteelProduction #SteelManufacturers #SteelMarketTrends #MetallurgicalProcesses #SteelDemand #SteelProducts #SteelTrade #ConstructionMaterials #EconomicProgress #MetalsMarket #MetalInnovation #GlobalInfrastructure #Manufacturing #IndustrialDevelopment #InfrastructureDevelopment #EconomicGrowth #GlobalCommerce
#Iron And Steel#Steel Industry#Metallurgy#Global Infrastructure#Steel Production#Construction Materials#Metals Market#Metal Innovation#Steel Manufacturers#Steel Market Trends#Metallurgical Processes#Steel Demand#Economic Growth#Global Commerce#Steel Products#Steel Trade
0 notes
Text
Navigating Saudi Iron Prices: Insights, Trends, and Analysis
Explore the dynamic landscape of Saudi iron prices through our comprehensive blog. Gain valuable insights, stay informed about industry trends, and delve into the factors influencing the pricing dynamics in the Saudi Arabian iron market. Visit: https://www.msp.com.sa/blog/saudi-iron-prices/
#Saudi iron prices#iron industry trends#Saudi steel market analysis#iron pricing factors#steel market insights#Saudi iron market dynamics
0 notes
Text
Ko-fi prompt from @liberwolf:
Could you explain Tariff's , like who pays them and what they do to a country?
Well, I can definitely guess where this question is coming from.
Honestly, I was pretty excited to get this prompt, because it's one I can answer and was part of my studies focus in college. International business was my thing, and the issues of comparative advantage (along with Power Purchasing Parity) were one of the things I liked to explore.
-----------------
At their simplest, tariffs are an import tax. The United States has had tariffs as low as 5%, and at other times as high as 44% on most goods, such as during the Civil War. The purpose of a tariff is in two parts: generating revenue for the government, and protectionism.
Let's first explore how a tariff works. If you want to be confused, then you need to have never taken an economics class, and look at this graph:
(src)
So let's undo that confusion.
The simplest examples are raw or basic materials such as steel, cotton, or wine.
First, without tariffs:
Let us say that Country A and Country B both produce steel, and it is of similar quality, and in both cases cost $100 per unit. Transportation from one country to the other is $50/unit, so you can either buy domestically for $100, or internationally for $150. So you buy domestically.
Now, Country B discovers a new place to mine iron very easily, and so their cost for steel drops to $60/unit due to increased ease of access. Country A can either purchase domestically for $100, or internationally for $110 (incl. shipping), which is much more even. Still, it is more cost-effective to purchase domestically, and so Country A isn't worried.
Transportation technology is improved, dropping the shipping costs to $30/unit. A person from Country A can buy: Domestic: $100 International: $60+$30 = $90 Purchasing steel from Country B is now cheaper than purchasing it from Country A, regardless of where you live.
Citizens in Country A, in order to reduce costs for domestic construction, begin to purchase their steel from Country B. As a result, money flows from Country A to B, and the domestic steel industry in Country A begins to feel the strain as demand dwindles.
In this scenario, with no tariffs, Country A begins to rely on B for their steel, which causes a loss of jobs (steelworkers, miners), loss of infrastructure (closing of mines and factories), and an outflow of funds to another country. As a result, Country A sees itself as losing money to B, while also growing increasingly reliant on their trading partner for the crucial good that is steel. If something happens to drive up the price of B's steel again, like political upheaval or a natural disaster, it will be difficult to quickly ramp up the production of steel in Country A's domestic facilities again.
What if a tariff is introduced early?
Alternately, the dropping of complete costs for purchase of steel from Country B could be counteracted with tariffs. Let's say we do a 25% tariff on that steel. This tariff is placed on the value of the steel, not the end cost, so:
$60 + (0.25 x $60) + $30 = $105/unit
Suddenly, with the implementation of a 25% tariff on steel from Country B, the domestic market is once again competitive. People can still buy from Country B if they would like, but Country A is less worried about the potential impacts to the domestic market.
The above example is done in regards to a mature market that has not yet begun to dwindle. The infrastructure and labor is still present, and is being preemptively protected against possible loss of industry to purchasing abroad.
What happens if the tariff is not implemented until after the market has dwindled?
Let's say that the domestic market was not protected by the tariff until several decades on. Country A's domestic production, in response to increased purchasing from abroad, has dwindled to one third of what it was before the change in pricing incentivized purchase from B. Prices have, for the sake of keeping this example simple, remained at $100(A) and $60(B) in that time. However, transportation has likely become better, so transportation is down to $20, meaning that total cost for steel from B is $80, accelerating the turn from domestic steel to international.
So, what happens if you suddenly implement a tariff on international steel? Shall we say, 40%?
$60 + (0.4 x 60) + 20 = $104
It's more expensive to order from abroad! Wow! Let's purchase domestically instead, because these prices add up!
But the production is only a third of what it used to be, and domestic mines and factories for refining the iron into steel can't keep up. They're scaling, sure, but that takes time. Because demand is suddenly triple of the supply, the cost skyrockets, and so steel in Country A is now $150/unit! The price will hopefully come down eventually, as factories and mines get back in gear, but will the people setting prices let that happen?
So industries that have begun to rely on international steel, which had come to $80/unit prior to the tariff, are facing the sudden impact of a cost increase of at least $25/unit (B with tariff) or the demand-driven price increase of domestic (nearly double the pre-tariff cost of steel from B), which is an increase of at least 30% what they were paying prior to the tariff.
There are possible other aspects here, such as government subsidies to buoy the domestic steel industry until it catches back up, or possibly Country B eating some of the costs so that people still buy from them (selling for $50 instead of $60 to mitigate some of the price hike, and maintain a loyal customer base), but that's not a direct impact of the tariff.
Who pays for tariffs?
Ultimately, this is a tax on a product (as opposed to a tax on profits or capital themselves, which has other effects), which means the majority of the cost is passed on directly to the consume.
As I said, we could see the producers in Country B cut their costs a little bit to maintain a loyal customer base, but depending on their trade relationships with other countries, they are just as likely to stop trading with Country A altogether in order to focus on more profitable markets.
So why do we not put tariffs on everything?
Well... for that, we get into the question of production efficiency, or in this case, comparative advantage.
Let's say we have two small, neighboring countries, C and D, that have negligible transportation costs and similar industries. Both have extensive farmland, and both have a history of growing grapes for wine, and goats for wool. Country C is a little further north than D, so it has more rocky grasses that are good for goats, while D has more fertile plains that are good for growing grapes.
Let's say that they have an equal workforce of 500,000 of people. I'm going to say that 10,000 people working full time for a year is 1 unit of labor. So, Country C and Country D have between the 100 units of labor, and 50 each.
The cost of 1 unit of wool = the cost of 1 unit of wine
Country C, having better land for goats, can produce 4 units of wool for every unit of labor, and 2 units of wine for every unit of labor.
Meanwhile, Country D, having better land for grapes, can produce 2 units of wool per unit of labor, and 4 units of wine per unit of labor.
If they each devote exactly half their workforce to each product, then:
Country C: 100 units of wool, 50 units of wine Country D: 50 units of wool, 100 units of wine
Totaling 150 units of each product.
However, if each devotes all of their workforce to the product they're better at...
Country C: 200 units of wool, no wine Country D: no wool, 200 units of wine
and when they trade with each other, they each end up with 100 units of each product, which is a doubling of what their less-efficient labor would have resulted in!
The real world is obviously much more complicated, but in this example, we can see the pros of outsourcing some of your production to another country to focus on your own specialties.
Extreme examples of this IRL are countries where most of the economy rests on one product, such as middle-eastern petro-states that are now struggling to diversify their economies in order to not get left behind in the transition to green energy, or Taiwan's role as the world's primary producer of semiconductors being its 'silicon shield' against China.
Comparative advantage can be used well, such as our Unnamed Countries (that are definitely not the classic example of England and Portugal, with goats instead of sheep) up in the example. With each economy focusing on its specialty, there is a greater yield of both products, meaning a greater bounty for both countries.
However, should something happen to Country C up there, like an earthquake that kills half the goats, they are suddenly left with barely enough wool to clothe themselves, and nothing for Country D, which now has a surplus of wine and no wool.
So you do have to keep some domestic industry, because Bad Things Can Happen. And if we want to avoid the steel example of a collapse in the given industry, tariffs might be needed.
Are export tariffs a thing?
Yes, but they are much rarer, and can largely be defined as "oh my god, everyone please stop getting rid of this really important resource by selling it to foreigners for a big buck, we are depleting this crucial resource."
So what's the big confusion right now?
Donald Trump has, on a number of occasions, talked about 'making China pay' tariffs on the goods they import into the US. This has led to a belief that is not entirely unreasonable, that China would be the side paying the tariffs.
The view this statement engenders is that a tariff is a bit like paying a rental fee for a seller's table at an event: the producer or merchant pays the host (or landlord or what have you) a fee to sell their product on the premises. This could be a farmer's market, a renaissance faire, a comic book convention, whatever. If you want to sell at the event, you have to pay a fee to get a space to set up your table.
In the eyes of the people who listened to Trump, the tariff is that fee. China is paying the United States for access to the market.
And, technically, that's not entirely wrong. China is thus paying to enter the US market. It's just the money to pay that fee needs to come from somewhere, and like most taxes on goods, that fee comes from the consumer.
So... what now?
Well, a lot of smaller US companies that rely on cheap goods made in China are buying up non-perishables while they can, before the tariffs hit. Long-term, manufacturers in the US that rely on parts and tools manufactured in China are going to feel the squeeze once that frontloaded stock is depleted.
Some companies are large enough to take the hit on their own end, still selling at cheap rates to the consumer, because they can offset those costs with other parts of their empire... at least until smaller competitors are driven out of business, at which point they can start jacking up their prices since there are no options left. You may look at that and think, "huh, isn't that the modus operandi for Walmart and Amazon already?" and yes. It is. We are very much anticipating a 'rich get richer, poor go out of business' situation with these tariffs.
The tariffs will also impact larger companies, including non-US ones like Zara (Spanish) and H&M (Swedish), if they have a huge reliance on Chinese production to supply their huge market in the United States.
If you're interested in the repercussions that people expect from these proposed tariffs on Chinese goods, I'd suggest listening to or watching the November 8th, 2024 episode of Morning Brew Daily (I linked to YouTube, but it's also available on Spotify, Nebula, the Morning Brew website, and other podcast platforms).
#id in alt text#id in alt#economics#tariffs#import tax#customs#customs duties#ko fi prompts#capitalism#phoenix talks#ko fi#taxes#taxation
2K notes
·
View notes
Link
Iron Steel Market Research Report Information By Type (Iron, Steel), By Production Technology (Basic Oxygen Furnace, Electrical Arc Furnace, Open Hearth,...
0 notes
Text
Iron Safes ManufacturerBest Safes Manufacturer Fire Proof Safes Manufacturer Safety Locker Manufacturer Jewellery Safes Manufacturer Burglary Resistant Safes Manufacturer Heavy-duty Steel Security Safes Manufacturer Torch & Tool Resistant Door Manufacturer Fire Resistant Door Manufacturer Vault Strong Room Door Manufacturer Iron Strong Room Door Manufacturers Safety And Storage Locker Manufacturer Double Door Safe Manufacturer Single Door Safe Manufacturer Sarafa Tijori Manufacturer Single Door Safe Safety And Storage Locker Manufacturer in India Single Door Safe Manufacturer in India Torch and Drill Resistant Safes Strong Room Doors for The Bank Fire & Burglar Resistance Safe
#safes and vaults market#Single Door Safe#Safety And Storage Locker Manufacturer in India#Single Door Safe Manufacturer in India#Iron Safes ManufacturerBest Safes Manufacturer#Fire Proof Safes Manufacturer#Safety Locker Manufacturer#Jewellery Safes Manufacturer#Burglary Resistant Safes Manufacturer#Heavy-duty Steel Security Safes Manufacturer#Torch & Tool Resistant Door Manufacturer#Fire Resistant Door Manufacturer#Vault Strong Room Door Manufacturer#Iron Strong Room Door Manufacturers#Safety And Storage Locker Manufacturer#Double Door Safe Manufacturer#Single Door Safe Manufacturer#Sarafa Tijori Manufacturer#Torch and Drill Resistant Safes#Strong Room Doors for The Bank#Fire & Burglar Resistance Safe
0 notes
Text
༊*·˚ NEW JOBS AND DEATH THREATS — cod x reader
CRAVE YOU — call of duty x reader CHAPTER ONE
featuring. simon 'ghost' riley + johnny 'soap' mactavish + kyle 'gaz' garrick + john 'bravo six' price + alejandro vargas + rodolfo 'rudy' parra + könig + keegan p. russ
warnings. nsfw, fem!reader, prison au, serial killer au, reverse harem, therapist/patient, medical inaccuracies, graphic violence, depictions of murder, everyone's unhinged, poly tf141, minor ships, threesomes, foursomes, gangbangs, this is not medical advice!!
series masterlist. read on ao3.
Life was hard. That was a fact.
Bills and groceries didn’t pay for themselves. That was also a fact.
Adding these two factors together, the final product will be a high-risk job in one of the highest-risk places on Earth. That’s… not a fact.
And yet, here you are, standing at the visitor entrance of Las Almas Prison, sporting a disgruntled grimace and a new pair of black slacks that you’d splurged on. They, at least, made your ass look good, although that was truly the least of your worries.
No. Your current list of worries looked something like this;
Getting Murdered
Getting Attacked
Vomiting Within The First Five Minutes Of Your New Job?
…Yeah. Something like that.
The early morning sun is blinding where it sits, just off to the side of the giant concrete building that was the main offices and Visitor Centre. The fact that you were standing in front of what was only a small part of the overall prison grounds was… alarming.
You were well aware that this was the largest prison in your country, housing the most lethal and awful of criminals. Some you’d seen either on the news, or heard of in passing conversations.
This was the real deal. And, somehow, you’d managed to find yourself being hired to work here. You. Work with serial killers. The worst of the worst.
With the stress on your bank account, and the endless struggle that was trying to find a stable career in the current job market, you simply had no other choice but to accept the offer. It paid extremely well, had great benefits, and your safety was… fairly considered.
The amount of NDAs, liability clauses and agreements, however?
Not the best at calming your nerves, to say the least.
The biting chill of the winter wind has you wrapping your arms around yourself, leather bag slung over your shoulder as you finally step through the automatic sliding door.
You’re not surprised to find that the chill only deepens inside the concrete walls of the building, with no heaters or air conditioning from what you can see. There is, however, bright white overhead lights that do nothing except aid the throbbing in the side of your head – probably due to the restless sleep you’d had the night before, anticipation and anxiety warring inside of your thoughts.
There’s an office in front of you as you step in, with only a few decades-old couches to your right, in front of a dingy TV that’s turned off. Saving their budget for more important things, you suppose.
The walls are a pale, grimy yellow, with sparse photos hung about, framing newspaper articles that are surely from the last century, and black and white pictures of the prison’s opening.
It’s an unsettling place, that much you’ve already gathered.
You haven’t even actually been inside the prison, you remind yourself, your stomach churning where it now lays at your feet.
Without a second thought, you continue with hurried steps to the front desk, where scratched plastic encases the sole woman inside, sitting behind a monitor. There’s a circle of holes that allow for sound to pass through, but other than that, there’s no way of entering from this room. With a quick study of your surroundings, you see a steel door to the left of where the desk sits, with a small square window covered in iron bars.
…Jesus christ.
“Can I help you?” The woman drawls, sliding her glasses further up her nose. Her voice is nasally, and the words come out in a slow drawl as she looks you up and down, unimpressed.
You give her your best smile, although even you can tell that it’s an uneasy one. “Yes! This is my first day, I think I’m supposed to be meeting Kate Laswell?” You ask, nerves betraying your voice with unsteady breaths.
The woman snaps her gum.
You stand there.
She blows it again.
You continue to stand there.
Her gaze is bored and completely void of any thought, before she nods slowly. “Laswell… I’ll call her.”
Really, you couldn’t be more shocked if you tried. What the fuck was happening? How could one lack so much… professionalism?
“Hi, Kate. Yes, it’s Jenny. I have a new hire who apparently wants to see you…” Her voice remains that unbearably slow, sloth-like delivery, before her eyes unhurriedly meet yours again. “What’s your name…?”
You give it to her, tone only the slightest bit impatient as you roll back on the heels of your feet. You can only hope that your black boots are appropriate; you’d figured that they were safe, closed-toe and still somewhat professional.
Time would tell. Jenny was giving you the impression that they were more than acceptable, because at least they got you to do your job in a timely manner.
Jenny says a few more words to who can only pray is Laswell on the other end of the phone, before she places it back in its holder.
“Laswell will be here any…” She pops her gum once more, and maybe, just maybe, you can understand the urge to murder. “Moment.”
You give her a tight, painful smile. “Thank you, Jenny.”
She doesn’t respond, and you decide to just stand back and wait. You certainly weren’t complaining – any more conversation with her would’ve ended with a severe lack of hair on your head.
A minute passes, before a buzz in the pocket of your slacks has your throat tightening.
Pulling out your phone, your next exhale comes out shaky as you read the text.
Charlie: get milk otw home used it all
No ‘good luck’. No… ounce of care for you, or the absolute stress that comes with a new job, let alone one like this.
When you’d told him about the offer, all he’d said was, “It might make you worth something for a change.” Didn’t even question, not for a minute, the risks that came with a job like this. He simply couldn’t give less of a fuck.
“Doctor?” The sound of a door opening, and the kind, almost motherly tone of the voice has you shoving your phone into your pocket once more as you turn to the source of the sound.
It’s a woman, her hair pulled back into a slick bun, one hand holding what seems to be a clipboard. Her other hand rests in the pocket of a white coat, not unlike one a scientist would be fashioning in a lab. Her smile is warm, the corner of her eyes crinkling as you direct a smile of your own her way.
“Kate Laswell?” You ask, extending your hand for her to shake. Taking her hand out of her pocket, she accepts it gracefully, nodding her head.
“The one and only,” she says, before gesturing to the steel door she’d entered through. “Now, today we’ll get you set up with a keycard, general rules, and I’ll have you meet two of your patients.”
You nod, following her as she swipes a card in a black reader, before the red light buzzes green, and she pulls the door open. Right behind her, you take an unstable deep breath as you take in the greyed, jagged walls, a complete contrast to the painted ones of the entrance room.
“We really are so glad to welcome you to our team,” she continues, her black work shoes clicking against the smooth concrete flooring. She doesn’t turn to you as she speaks, but her voice carries around the echoey hallway. “You’ll make a great addition. A necessary one, also. We’ve needed an innovative, young therapist for a while. Most of our… previous hires have held out-dated beliefs, and a lack of humanity for their clientele.”
That makes your brows furrow in confusion. “That’s… odd,” you murmur, before pausing your steps as Laswell stops, swiping her keycard, before entering another room.
As you step into the newly revealed space, your eyes go wide as you take it in.
It’s a wide, large space, with several floors. Metal staircases sit at either end of the vast space, allowing access to every floor. Guards sit at every level, some walking around the space where you and Laswell stand.
It’s a lot, all at once. You’d never even stepped foot into a prison – not before now.
“Most inmates are at the mess for breakfast,” Laswell supplies, turning to you with a neutral expression. She gestures for you to follow her back out of the space, and you do with hurried steps. “The ones you’ll be dealing with, however… they usually eat by themselves.”
You don’t decide to push that statement, not now, as you continue to follow her down the hallway.
“You won’t be seeing much of the prison,” she admits. “There’s heavily guarded spaces on the top floor for your sessions, both for your protection and for the safety of our staff and other low-risk inmates.”
You nod, humming a sound of affirmation as the two of you start heading up the cleaner steps at the end of the hallway. The staff staircase, you suppose.
“Today, you’ll be meeting two of our more… understanding ambers.”
You raise a brow. “Ambers? What does that mean?”
She turns her head over her shoulder, just enough to shoot you a knowing look. “Ambers are our highest-risk inmates. We house ten of them, and you’ll be dealing with eight as per your contract.”
Your stomach falls. You’d known, of course, that the risks were high when applying for this role. But… this was more than you’d imagined, in a way. Ambers. Huh.
Silence falls over the two of you as you make your way up the never-ending steps, no windows in sight. It’s unnerving, in a creepy, strange way. When you finally reach the top, you try and hide how out of breath you are from that small exertion.
Fucking christ.
Laswell, for her part, looks completely fine in an effortless way. You can’t eve find it in yourself to be envious. The feeling’s closer to admiration.
“Here’s the files on them both. You’ll be seeing Kyle Garrick first,” she hands you the clipboard she’d been carrying, and you accept it with only a slight tremble. She doesn’t comment on it, and you find yourself warming up to her already. “They’ll be restrained, and there is heavy security, so you needn’t worry about that side of things.”
“Thank you, ma’am,” you say earnestly, flipping through the files without reading much of anything, not yet.
She waves you off with a soft chuckle. “None of that. Kate’s more than fine,” she insists, and you give her a bright smile in return. Maybe this job wouldn’t be so bad – a boss like this was much better than a creepy middle-aged man any day of the week.
You don’t realise you’ve made it to a small room until she stops walking, scanning her keycard and pushing the door open, gesturing you in. “While you have your first two sessions, I’ll sort your keycard and the rest of the processes out. I wish you luck.”
With that, the door shuts behind you, and you’re alone in a small room.
It matches the rest of the hallways you’ve seen – grey concrete walls, grey concrete floors. The only furniture, however, is one metal table drilled into the floor in the centre, one chair on either side.
…It’s depressing. Not at all like you’d prefer, not for a fucking therapy session, but then again, you hadn’t met your clients yet.
Ambers. High-risk.
With a deep breath, you take a seat at the chair closest to you, finally reading through the top file on the clipboard.
Kyle ‘Gaz’ Garrick.
You skim over the height, weight, sex – immediately reading the comments made and his sentence.
Mass murderer. Motivated attacks.
Your eyes go wide, almost comically so, as you bite at your lip, folding one leg over the other as you continue to read.
Of course, you’d prepared, been made aware that you’d be dealing with murderers. But having it in black and white, right in front of you, is a whole other thing entirely.
Apparently, they were motivated attacks. Targets being large CEOs, specifically those with reported claims of misuse of power, and those against green laws. Anti-environment types.
The motive is… you’re aware killing is bad. You hadn’t spent years studying for a degree in Psychology to think otherwise. But it wasn’t as simple as some made it out to be. You’d done papers suggesting that certain motives implied healthier patterns, healthier outlets.
If you had to choose between him killing pregnant women, and CEOs with broken moral compasses?
It wouldn’t take a genius to figure out your answer.
You’re about to flip the page when there’s a knock on the door on the other side of the room, before it opens.
There’s two guards that walk in, before a man in an olive green jumpsuit follows, hands cuffed tightly together in front of him, head down. Another guard from behind shoves him in, too rough for your liking. You sit up straighter, eyes assessing as you take in the man in the jumpsuit.
He’s forced into the chair opposite you, before one of the guards grabs his cuffed wrists and chains them to a rig in the middle of the table. You’re grateful for the precautions, but there’s a part of you that feels guilty watching the manhandling of the seemingly calm man.
“Half an hour,” the most brutish guard of them all grits out, beer belly spilling out over his belted jeans. He jostles the chain attaching his wrists to the table unnecessarily, and your eyes narrow.
He goes to leave, along with another guard, but one stands to stay in position inside, beside the door.
Your brows furrow, and you speak up before you can stop yourself. “Sorry, sir, but my sessions will need confidentiality, as for the best results. I’m sure that I’ll be safe with his restraints.”
The guard stares you down, seemingly mulling your words over, before shrugging and leaving the room, door shutting behind him.
…Huh. Alright.
You find your posture relaxing, just slightly, which is odd, considering you’re now only a metre or two away from a convicted murderer.
His gaze is trained to the table, left foot tapping incessantly against the concrete floor.
“It’s nice to meet you, Gaz,” you say with a soft tone and a gentle smile. You figure that his nickname is the best bet, not wanting to stir up any possible traumas with his given name during your first session with the man. “I’ll be your new psychiatric evaluator.”
His eyes flick up, meeting yours, and he nods slowly, as if awaiting a punchline.
“Is it okay for me to call you Gaz?” You ask, tilting your head to the side and flipping to an empty page to take notes on. You’d need to grab a notebook from home, you decide.
He relaxes, only the smallest of movements, and he nods. “Gaz, yeah.”
Your smile widens at the small victory. Any step towards progress was a huge one, in your eyes. You’d be facing a lot of them in the coming days.
“Do you have any advice for this place?” You push, trying to form a bond of trust with the dark-haired man. “I’m gonna be honest, you’re my first patient, and I’ve only met Laswell and… Jenny?”
His mouth quirks at that, a dimple showing to the left of his mouth as he looks back up at you. “Jenny’s a character, ain’t she?”
You laugh, a genuine one, and nod. “She certainly is. You’ve met her?”
He shrugs, shoulders relaxing slightly. “Few times, yeah. She drives me up the fuckin’ wall.” His accent is only minimally apparent, but his voice is of a somewhat humorous tone.
Small victories.
“Well,” he exhales, settling into his chair a bit as he seems to ponder. “Do ya know who else you’re assigned to?”
You’d been sure to thoroughly go over your contract, and you were allowed to disclose your other patients between your others. They’d find out within the day, anyways, so there was no point in being discreet.
“It’s only you and a… John Price? Today. I’m sure I’ll find out the other six over the next few days,” you say, appreciating that he’s starting conversations. It’s more than you’d allowed yourself to hope for.
Gaz’s eyes light up, and even if you hadn’t been incessant in watching him, it’d be an obvious shift in emotions. “Price?”
You nod, quickly making a note on your clipboard, before folding your hands in your lap as you gesture for him to continue with a quick inclination of your head.
“He’s the best. Man’s a legend,” he enthuses. “Love ‘im.”
There’s… a hidden truth to that statement, that you make a mental note to unpack during a later session. Your smile is a natural one as you say, “He’s an amber, correct? Laswell told me I’d been assigned eight out of ten ambers… you’re one of them, right?”
Gaz seems to fold into himself, and you kick yourself for going back to square one. He answers, however.
“...Yeah. Only Ghost ‘nd Valeria are aggressive, though. We’re just… misunderstood,” he murmurs, and in the back of your brain, you find yourself believing his words.
“Thank you,” you smile, and he responds with a sharp one of his own. Maybe you’d covered more ground than you’d expected. “I think it’d been mentioned that I was only assigned men, due to the nature of the job, or something like that.”
Seeming to mull over your words, he starts to slowly nod. “Sounds ‘bout right. As long as you don’t get Graves, you’ll be alright. The others are… fuckin’ weird, but they’re good men. Mostly.”
That’s a lot of information at once, and quite frankly, it takes a moment for you to process.
“‘Good men’. What do you think it takes to be a good man?” You ask, curiosity laced into your tone. Getting to ask such questions of a convicted murderer, it’s a thrilling, exhilarating task.
His eyes don’t shift as he replies. “Good men do the acts others are too scared to do. They see the evil in the world, and rid of it with their own bare hands. You can be an ethical murderer, Doc.”
Those words, they’re – they’re authentic, and conviction aches in their structure.
You swallow around a dry mouth.
“You think you’re a good man?” You ask.
His smile would be seen as warm to any who weren’t aware of his acts, but to you – it’s chilling. Haunting in a way you’ve never experienced.
It remains as he answers.
“I think that I’m a man who people wish they had the bravery to be.”
a/n. okay so im really nervous about posting this, cause ITS EIGHT FUKCING LOVE INTERESTS and also im a humanities girl not a science one!! sociology all the way not psych!! so forgive me for all the inaccuracies and legality issues please. im just a girl. hopefully u guys will like this one? i mean, obsessed serial killers cod is smth i need so here we are. all comments and feedback mean so muchhh ty ily mwah mwah mwah
taglist comment/msg to be added. [nothing to see here.]
#🤍 : crave you#⌨️ : love's writing#cod mw2#call of duty#mw2#ghost cod#simon ghost riley#soap cod#tf 141 x reader#tf 141#john price#kyle gaz garrick#task force 141#141#ghost x soap x reader#ghost x reader#ghost x you#soap x you#soap x reader#price x reader#price x you#gaz x reader#gaz x you#gaz cod#alejandro x reader#rudy x reader#rodolfo x reader#konig x reader#keegan russ x reader
2K notes
·
View notes
Text
Don't miss out on business opportunities in Coated Steel Market Industry Download to our Report PDF Brochure & gain crucial industry insights that will help your business grow. Click on Link For PDF Download https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=173368855&utm_source=linkedin-ks&utm_medium=social&utm_campaign=chksoct24
#stainlesssteel#Coated Steel Market#Coated Steel#Coated Steel Industry#iron & steel#steel market#steel industry#steel
1 note
·
View note
Text
Comprehensive Dead Three Timeline
Outdated! I've made a new timeline!
Obviously there's varying amounts of speculation here, but I believe this is as close to a reasonable order of events as can be achieved with current, in-game information
1460s
Enver Flymm sold to Raphael by his parents, renamed Gortash
Gortash learns about the Crown of Karsus while a prisoner of Raphael
1470s
Gortash escapes the House of Hope
Gortash gets involved with black market arms dealing
Durge begins their serial killing spree in Baldur’s Gate
The Emperor dominates Duke Stelmane
1480s
Gortash establishes a cult of Bane in Baldur’s Gate
Gortash approaches Durge about an alliance
Hall of Wonders test mission - Durge gets Bhaalist memorabilia - Gortash gets a bunch of Gondian designs - Durge & Gortash get companionship
Gortash trades Karlach to Zariel for infernal machinery & iron
Baldur’s Gate’s Beloved Ranger statue goes missing
Gortash recruits Franc Peartree to distribute infernal iron weapons
Gortash moves against the Zhentarim & Knights of the Shield
Wyll Ravengard enters pact with Mizora, leaves Baldur’s Gate
1490s
Dead Three made aware of the Crown of Karsus (most likely informed by Gortash) - Gortash becomes Bane’s Chosen - Durge becomes Bhaal’s chosen - Gortash & Durge are instructed to recruit Ketheric
Gortash tells Durge about the Crown of Karsus
They visit Ketheric and learn of the illithid colony under Moonrise
Gortash & Durge visit the House of Hope (for intel on Mephistar?)
Gortash & Durge raid Mephistar - They get the Crown of Karsus - They get the book on the accelerated grand design
Gortash captures the Emperor
Gortash & Durge return to Moonrise - Their identities are kept secret from Ketheric’s people - Durge impresses the Moonrise Gnolls, but not Steelclaw - Ketheric yells at Durge in the throne room for unknown reason
Durge proposes their plan to the Elder Brain who accepts
Raid on the illithid colony - Durge puts the Crown on the Elder Brain - Orin gets Durge alone during the raid & stabs them in the head - Orin tadpoles Durge, making them the first True Soul - Orin leaves Durge in an illithid pod - Orin tells the Chosen she now speaks for the Temple of Bhaal - Orin likely told Gortash, Ketheric, and Balthazar something vague about Durge’s disappearance being related to Durge’s religious crisis and let their imaginations do the rest
1492
Durge breaks out of their pod & is found by Kressa Bonedaughter
Gortash gets weird and intense with unethical experiments - Some futzing to get the tadpoles to consistently remain in stasis - This is when the name ‘True Souls’ gets coined - Extremely questionable fun with brains - Getting the Absolute’s voice sorted out - Tadpoling his parents - Poorly conceived experiments on children & their parents
Isobel is resurrected by the Dead Three
Minsc captured by Absolutists at recruitment rally in the Undercity
Minthara Baenre is recruited by Orin and Ketheric
Gortash has the Iron Throne converted to hold hostages
Gortash presents prototype Steel Watcher to the city council
Jaheira tracks cult to shadow-cursed land, meets Isobel
Elturel falls into Avernus
The brain sends the Chosen dreams about the Astral Prism
Gortash researches the Prism, finds out that Vlaakith has it
Gortash tells Ketheric to send a team to get the Prism - A nautiloid piloted by the Emperor and other illithid is sent - Kressa’s husband arranged for Durge to be on the nautiloid
Gortash deploys Steel Watch in Lower/Outer City
At this point Elturel is no longer in Avernus
Nautiloid picks up Shadowheart & the Prism from Astral Plane
Nautiloid picks up Lae’zel (?)
Nautiloid picks up Gale (?) & Astarion in Baldur's Gate
Nautiloid picks up Karlach & Wyll in Avernus
Nautiloid crashes, game begins
#bg3#bg3 spoilers#bg3 timeline#The Dead Three#Lord Enver Gortash#Ketheric Thorm#Orin the Red#The Dark Urge#The Emperor#Shadowheart#Lae'zel of K'liir#Gale of Waterdeep#Gale Dekarios#Astarion Ancunin#Karlach Cliffgate#Wyll Ravengard#The Blade of Frontiers#High Harper Jaheira#Minsc of Rashemen#If you want older Gortash you can have him sold in the 50s and escape in the 60s#but I don't think he's older than 40 based on I'm 41 and his parents look younger than my parents#I tried not to editorialize#but I failed#Durge killing spree began in 1477#Duke Stelmane became the Emperor's thrall in 1479#Karlach was sold in 1482#Beloved Ranger statue disappeared in 1482#Wyll pacted to Mizora in 1485#Nautiloid crashed 20 Eleasias 1492
834 notes
·
View notes