10
Jul
15:32
Biden imposes melted-and-poured requirement on Mexican steel
US President Joe Biden has ordered that steel items imported from Mexico must be melted and poured in Mexico, Canada or the US to be eligible for Section 232 exemptions. This effectively slaps a 25% tariff on any steel trans-shipped through Mexico that originated in China or other sources outside North America, Kallanish understands.
“In my judgment, these measures will provide an effective, long-term alternative means to address any contribution by Mexican …
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Anonymous
Very good overview of the weekly steel market.
Anonymous