Economy
June 12, 2018
SMU Q&A: On Steel Tariffs, Prices
Written by Tim Triplett
Steel Market Update canvassed industry executives this week to gauge their expectations for steel prices and to see if they have felt any effects yet from the Trump administration’s tariffs on steel from Canada and Mexico. Most anticipate fallout from the tariffs in the coming weeks and months, including upward pressure on prices. Following are some of their comments (sources were granted anonymity so they could speak freely).
Q: Where do you think steel spot prices will go over the next 30-60 days (or what are you being told by the domestic mills)?
