Final Thoughts
September 30, 2015
Final Thoughts
Written by John Packard
I spent part of my day today speaking to buyers who are known to buy foreign steel either due to logistics reasons (too far away from a producing mill) or who prefer to have options for pricing reasons. What I found out is a number of countries involved in the trade suits continue to quote and ship products to the United States.
I found a couple of trading companies who feel comfortable that any duties that might be levied against their mill would be able to be handled internally. One trader who represented a South Korean steel mill on coated products told me that they continue to service their regular customers. They have raised their prices slightly to accommodate any potential duties they may have to pay but, they feel that their mill has not been dumping.
