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Steel Market Barometer
Tariffs & Market Pricing Steel prices continue to be stable and have yet to react to the impending tariffs. Lack of demand and high inventories are keeping prices low for now. Steel stocks had rallied in early November as investors assumed a new Trump presidency would be better for the group than the outgoing Biden administration. Currently, the stocks now trade well below those levels.All indications are that the Trump administration will be imposing additional tariffs and q
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December 22, 2024, 9:13 pm