SMU Data and Models
August 6, 2017
SMU Trends Analysis: Expect Imports to Rise on Section 232 Indecision
Written by Tim Triplett
Responses to two questions in Steel Market Update’s latest flat roll market trends analysis elicited a clear consensus from our participants: The Trump administration’s delay in acting on Section 232 could open the door to more foreign steel imports. But the government should not necessarily penalize foreign countries just because they export a high rate of steel to the U.S.
SMU gathered the following comments from our early August steel market trends questionnaire as part of our ongoing inquiry into how buyers and sellers of steel feel about Section 232 and the Trump administration’s desire to restrict steel imports on the grounds they pose a threat to national security.
