Letters to the Editor: Failure of Trade Cases Responses

Steel Market Update (SMU) published an article in Tuesday evening’s newsletter entitled, “The Data Shows the Trade Cases Have Failed. The Question is Why?” and we have gotten some responses to this article that we would like to share with our readers.

A manufacturing company sent us the following note: “Steel will “leak” into the global market place one way or the other. If in the case of China their steel can’t be shipped directly into the USA it will be shipped somewhere effectively increasing supply in other steel producing countries. With some exporting countries, even with duties added, pricing has becomes too attractive to ignore. At some point North America may need to decide whether it wants to be producing high priced steel or reasonably priced finished goods.”