Trump Tariffs Push US Steel Prices to Four-Year High
US steel prices have climbed to their highest level in more than four years as Trump's tariff policies restrict foreign steel supply, with hot-rolled coil prices rising 52%…
US steel prices have climbed to their highest level in more than four years as Trump's tariff policies restrict foreign steel supply, with hot-rolled coil prices rising 52% cumulatively to $1,255 per short ton. The move has boosted earnings for domestic steel producers but raised costs for manufacturers.
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