International Steel Prices
April 14, 2019
CRU: Border Delays, Possible Business Model Changes in a No-Deal Brexit
Written by Tim Triplett
By CRU Principal Analyst Matthew Watkins.
In the event of a no-deal Brexit, the key short-term impacts on the European steel market are likely to be increased delays for material crossing the UK-EU border as well as modifications to the EU safeguard system. Beyond short-term behavior such as stockpiling, there are possible longer-term effects, perhaps primarily affecting the automotive supply chain.
