CRU Insight: Section 232 Will Squeeze EAF Margins
27 June 2017 - 9:00AM
PR Newswire (US)
LONDON, June 27, 2017 /PRNewswire/ --
Action on steel imports to the USA will increase scrap prices and hurt
EAF-based margins elsewhere in the world.
The USA is a key supplier and
consumer of cold metallics. If Section 232 is used to protect
the US steel industry, EAF-based steel margins elsewhere will be
compressed and steel producers will again need to turn to billet
imports.
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http://bit.ly/232-Squeeze-EAF-Margins
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