US and Japan to announce deal to cut US steel tariffs

  • There will be a quota system

The US has been re-calibrating its steel policy since the Trump era and has worked with countries one-by-one to put in place quota systems, with high tariffs beyond that. Countries initially resisted but they've slowly found enough common ground to make deals.

US companies have some plans to raise domestic capacity but steel prices are still very high.

HRC prices

Top Brokers

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access