Steel Mills
October 19, 2017
Nucor: Delay of Section 232 Causing Import Surge
Written by Sandy Williams
The delay by the Trump administration in making a decision on Section 232 is allowing further damage to the steel industry, said Nucor CEO, Chairman and President John Ferriola during the company’s third-quarter conference call.
Ferriola said he is not surprised by the surge of imports that have come into the U.S. since spring. Countries are doing everything they can to get their products across the U.S. border before Section 232 or other trade restrictions take effect.
