They fear a flood of Asian steel
03 MIN 00 SEC
Alfredo González
Monterrey, Mexico (June 4, 2025) - 5:00 a.m.
Credit: AP
Credit: special
After Donald Trump signed a decree yesterday raising the steel tariff from 25% to 50%, sources in the Mexican steel industry warned that markets outside the US will be flooded with Asian products because the growing global oversupply of this metal, which was already present, will worsen.
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