Steel Products Prices North America
June 15, 2017
Uttam Pauses Shipments to U.S. Due to 232
Written by Tim Triplett
Uttam Galva North America, Inc. (UGNA), a supplier of cold rolled and galvanized steels, tells SMU it has temporarily suspended taking new orders in the United States for its mill in India in reaction to the Section 232 investigation.
“For the last few weeks, we have stayed on the sidelines while 232 is being analyzed and our trade counsel prepare for a potential first AD/CVD review this summer. That’s a matter of minimizing the risk profile. We anticipate taking new orders for August shipment in due course,” said a company spokesman. Two inbound shipments currently on the water will be delivered to customers.
