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Metals Meltdown

Uncertainty in steel markets prolonged by US tariff delay

May 01, 2018 (5:33 mins)



President Donald Trump has extended the exemption for steel and aluminum tariffs until June 1, increasing uncertainty around the extent of the eventual measures. Meanwhile, Chinese steel prices firmed in April despite official production figures continuing to defy the much vaunted capacity cuts. S&P Global Platts' Christopher Davis and Peter Brennan discuss what it all means for the industry.

Related article: US delays tariffs on EU aluminum, steel exports to June 1


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