Tariff Update Part 2: April Market Impacts and Pricing Volatility

April 2025 – On the heels of new tariff announcements, the steel market is experiencing significant volatility. On April 2, the U.S. administration expanded its tariff regime under a so-called “Liberation Day” policy. The new measures, aimed at broadening tariff coverage and pressuring trade partners, include: These April tariffs are in addition to the existing…

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