As steel and aluminum tariffs double, UK steel exports face a threat.

GoldenOctober2024

2025-06-02 05:31:05

On June 2, the British Iron and Steel Industry Association said that after US President Trump raised steel tariffs from 25% to 50%, British steel companies were worried that orders would be canceled. British Steel said the United States was the UK’s second-largest export market, with exports worth about £400 million, or 9% of total exports. Gareth Stace, head of steel in the UK, said: "There is still uncertainty as to whether and when our second largest export market will be open to businesses, or if it will be shut down altogether in front of us. ”

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SomebodyZ

· 2025-06-02 05:39

Fluctuation is an opportunity 📊

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