Trade Cases
March 28, 2017
The Data Shows the Trade Cases Have Failed: The Question is Why?
Written by John Packard
If the goal of the 2015 CORE, cold rolled and hot rolled trade cases was to reduce the number of foreign steel tons coming into the United States, well, the data says the cases did not complete their mission. There is one exception, hot rolled steel imports did indeed move lower and continue to move lower so far this year (compared to last).
If the goal was to take U.S. flat rolled steel prices to today’s lofty world leading prices – well, then they succeeded.
