USA's delayed Section 232 decision muddies market, customer relations

The multiple postponements to any announcement of a Section 232 action on steel products are allowing additional factors to complicate the decision, and the prolonged uncertainty threatens to strain customer relationships, Metal Bulletin sister title AMM has been told.

Each day that goes by with no confirmation of the Section 232 report and any proposed remedies, further geopolitical developments occur that can either place potential strategies in doubt or bring them into focus. Section 232 will allow the US president to impose import duties on any product that he believes poses a threat to national security. The US Commerce Department originally had prepared to announce the results of its Section 232 investigation during the week of June 12. But this was postponed by a delayed briefing for the US Congress, then by the Group of 20 (G20) economic talks, a G20 agreement to address steel overcapacity, a possible separate review by the USA’s Department of Defense, and now...

Published

Dom Yanchunas

July 20, 2017

23:38 GMT