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14 May
21:32

AISI touts tariffs as protection from global excess

A global glut of steel products makes the Section 232 tariffs more important than ever, says American Iron and Steel Institute president Thomas Gibson. In an editorial in the St. Louis Post-Dispatch, Gibson identifies the current global excess capacity as posing a threat to the US steel industry and economy, Kallanish reports. “There are nearly 500 million net tons of excess steel capacity in the world today, much of it in China. In fact,…
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