24
Jul
12:37
Outokumpu sees two-fold impact from US tariffs
Outokumpu is being impacted by new US import tariffs in very different ways across its main markets, North America and Europe.
In its latest financial results the company explained that “…the impacts of the US steel tariffs implemented in early May have been two-fold.” Having major production facilities in both Europe and the US, Outokumpu witnessed surging imports into Europe, resulting in heavy price pressure, while in the Americas base pric…
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Anonymous
Very good overview of the weekly steel market.
Anonymous