U.S. steel prices reach four-year high as tariffs limit imports
7 Articles
7 Articles
(New York = Yonhap News) Correspondent Kim Yeon-sook = Steel prices in the United States have soared to their highest level in over four years. The tariffs imposed on imported steel by U.S. President Donald Trump...
The cost of a hot roll, commonly used steel, which serves as a price bar in the United States, has increased by 52% over the past year, to $1,255 for a short ton (about 907 kg), and the price has been on top since May 2022.
Steel prices in the United States have soared to a more than four-year high as the strict tariffs imposed
United States steel prices have risen to their highest levels in more than four years, following the high customs duties imposed by President Donald Trump's administration, increasing manufacturing costs.
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