Final Thoughts
March 21, 2018
Final Thoughts
Written by John Packard
WOW! What a day. I don’t know if anyone has the ability to accurately calculate the value of a piece of steel based on what has been happening since President Trump all of a sudden announced Section 232 tariffs while answering a reporter’s question. With the announcement of more countries being excluded from the tariffs, the market (stock and steel both) is in an uproar.
Even with the newly excluded countries there are enough tons missing to create a shortage of certain products. Some questions that still exist:
