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Tariff redux: Section 232

04 December 2021 12:16 John Anton John Mothersole

The United States and the EU have agreed to Section 232 revisions that take effect on 1 January 2022. The new agreement is much like the quota-and-tariff “safeguard” regime already in place in Europe. A certain tonnage may be imported from the EU to the United States tariff-free. After the quota fills, additional tons face a 25% tariff. What will this do to steel prices? How about supply? John Mothersole and John Anton discuss the changes this policy shift will have on markets, manufacturers, and metals buyers.

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Speaker: John Anton, Director, Pricing and Purchasing, S&P Global Market Intelligence and

John Mothersole, Director of Research, Pricing and Purchasing, S&P Global Market Intelligence

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