U.S. Commerce Secretary Ross has reiterated that the result of the section 232 review of the steel industry won’t be released until tax reform has been completed. He also flagged that U.S. manufacturers that have relied on “dumped steel” shouldn’t expect that to continue. That would suggest changes could be swift when they come, and not include consideration of sectors outside steel manufacturing. U.S. imports continued to grow in September, rising 18% on a year earlier led mostly by higher shipments from Canada and Russia. The forthcoming Global Forum on Steel Excess Capacity this week ...
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