Podcast: The North American steel market is zeroing out due to tariffs

The North American steel market has been rebooted due to the full restoration of import duties under Section 232, as it became known from the latest podcast of MEPs.

Reflecting on the results of a study conducted among market participants in the region before and after March 12. The recent podcast "Talking about Steel", dedicated to the introduction of a 25% import tariff, shows that the changes have occurred quickly.

"We are now seeing how the situation is becoming real", - said Chris Jackson, a steel market analyst and member of the European Parliament.

The impact of the 25 percent car import duties and retaliatory tariffs for specific countries announced by President Trump on April 2 was also discussed in the new podcast "Talking about Steel." Other topics on the North American podcast included::

How speculation in Section 232 led to supply uncertainty, accelerating the rise in hot-rolled steel prices in the United States

The impact of Canadian steel producers on the U.

S. market

How MEPs will monitor the "divergence" of steel prices in the United States and Canada

Will the Article 232 tariffs "level the playing field" by opening up opportunities for steel exporters from some countries?

The MEP's podcast "Talking about Steel" is available through all major podcast providers. Follow the links below to access the latest pricing issue.

YouTube

Spotify

Apple Podcasts