Steel Products
November 1, 2021
Tampa Steel Conference Update
Written by John Packard
It goes without saying, the steel industry is in a dynamic, volatile market and the only thing that is certain is the volatility will continue as we move into calendar year 2022.
It is not just price we need to watch over the coming months. There are many moving pieces to this puzzle. The agreement just announced between the U.S. and the European Union effectively removing the Section 232 tariffs on EU steel and aluminum products will have an impact on the U.S. market. It could become a template for agreements with other countries (look at England as the next country to have S232 tariffs removed from its steel and aluminum exports to the U.S.). It will take a few months for us to understand the total impact of the EU agreement.
