The impact of trade cases on the US steel industry
The second half of 2014 and thus far in 2015 has been a difficult time for US steelmakers. They have been forced to contend with slowing growth in demand, destocking and, most importantly, a surge in steel imports. With year-to-date finished steel imports rising by 27% y/y, both domestic steel shipments and crude steel production have declined by 9%. Steelmakers can respond to surging imports in two main ways...