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06 Jun
20:29

US Steel inspires hope for more capacity restarts

US Steel’s decision to restart its second blast furnace at its Granite City Works likely heralds a new push for more domestic capacity due to President Donald Trump’s 232 tariffs, Kallanish learns from market sources. “It depends on where the tariffs end up,” says one buy-side source, speaking specifically about the tariffs placed on onstensible North American Free Trade Agreement partners Canada and Mexico. “Yes, though, we do expe…
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