Trade Cases
August 13, 2015
Business as Usual has been Blown Up for Traders
Written by John Packard
The flat rolled steel trading community has been hit and hit hard by the filing of antidumping trade suits on galvanized, Galvalume (zinc-aluminum) . As one trader put it to us earlier this week, “Business as usual has been blown up for the traders.”
A number of traders spoke to SMU about the scope of the filings, the sheer number of tons affected. Traders told SMU that there are not enough steel mills left in the world that could fill the void left if all of the mills are impacted.
