Steel Prices in U.S. Soar, Steel Dynamics to Expand Flat-Rolled Operations
Steel Prices in U.S. Soar, Steel Dynamics to Expand Flat-Rolled Operations Industry Segment: Metals & Minerals | Word Count: 663 Words SUGAR LAND--April 19, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--It's a good time to be a steelmaker in the U.S. Steel prices are soaring, and companies are having problems meeting increased demand from end users. This low supply and high demand, along with former President Donald Trump's 25% tariff on imported steel, have been boosting domestic prices. As of late February, U.S. steel prices had risen 160% since last August, according...
Source: industrialinfo.com