Final Thoughts
June 8, 2018
Final Thoughts
Written by John Packard
I am finally home long enough to gather my thoughts and hopefully get back to providing some insights into the flat rolled, plate and scrap markets from my perspective.
There is obviously a lot of uncertainty connected to the Section 232 tariffs in both steel and aluminum. The Trump administration appears to have an intense focus on changing the way other countries trade with the United States. I have mixed emotions about the “break the glass” strategy that seems to have been working for most of the world for the past 70 years. However, I do not disagree that there are barriers to trade with some countries that block American exports to protect their own industries. The U.S. does the same on a selected few products like tobacco and peanuts.
