Steel and aluminium market participants were disappointed with the outcome of their efforts to convince President Donald Trump's administration to extend the Section 232 tariffs to downstream product imports, which have surged into the United States in the past year.
"I try to maintain a positive outlook at all times, and it's clear we have convinced the Department of Commerce that 232 has created a serious downstream problem. With that said, however, their solution is woefully inadequate and bordering on na??ve," according to a manufacturer of steel construction materials."It's a bureaucratic solution created by the bureaucracy. It's a maddening merry-go-round we are on here," he...