Rock Products Logo
 

 

 
 

Agreement Reached to Remove Steel, Aluminum Tariffs

On May 17, the United States, Canada and Mexico announced an agreement to remove tariffs on steel and aluminum imported from each of the countries. The move will lift the 25% steel and 10% aluminum tariffs the United States imposed nearly a year ago, which resulted in retaliatory measures from Canada and Mexico. Associated Equipment Distributors (AED) opposed the tariffs and frequently warned the Trump administration about its impact on the construction equipment industry and broader sector.

Read more: Agreement Reached to Remove Steel, Aluminum Tariffs

Panel Outlines Major Infrastructure Priorities for 2019

A panel discussion May 14 held in Washington, D.C., during a legislative summit sponsored by the American Road & Transportation Builders Association (ARTBA) focused on the major infrastructure issues facing the United States, especially in terms of generating more funding for transportation projects, reported the AASHTO Journal.

Read more: Panel Outlines Major Infrastructure Priorities for 2019

Illinois Motorists Heavily Impacted by Bad Roads, Bridges

Roads and bridges that are deteriorated, congested or lack some desirable safety features cost Illinois motorists a total of $18.3 billion statewide annually – as much as $2,559 per driver in some urban areas – due to higher vehicle operating costs, traffic crashes and congestion-related delays. 

Read more: Illinois Motorists Heavily Impacted by Bad Roads, Bridges

Eagle Materials Heavy Materials Business Down

Eagle Materials Inc. reported financial results for fiscal year 2019 and the fiscal fourth quarter ended March 31. For 2019, the company is reporting:

Read more: Eagle Materials Heavy Materials Business Down

Great Lakes Limestone Shipments Up 69% in April

Lake Carriers’ Association (LCA) reports that shipments of Great Lakes limestone totaled 2,114,432 net tons in April, an increase of 69% compared to a year ago. Loadings surpassed the month’s five-year average by 38%.

Read more: Great Lakes Limestone Shipments Up 69% in April