The Federal Maritime Commission questioned Cosco over a late payment of reparations to an agricultural shipper, according to JOC. The report does not state the amount owed, the case number or the date the payment was due.
The Federal Maritime Commission questioned Cosco over its non-payment of reparations to an agricultural shipper, according to a JOC report. The material provides no further detail on the amount, the shipper, the case number or any deadline.
The White House announced that a $15 billion Mesabi Metallics steel complex is coming to Iowa, described as the largest steel plant ever built in the United States, with 1,750 permanent jobs, up to 6,000 construction jobs and an estimated $95 billion in U.S. economic output over construction and the first decade of operations. Mesabi Metallics CEO Joe Broking said the project combines direct-reduction grade iron ore pellet from Minnesota's Iron Range with DRI to EAF steelmaking in Iowa. The announcement does not state an effective date, a start of construction or any change to tariff or entry requirements.