Reported about 10 hours ago
Steel buyers in the U.S. are experiencing widespread disruption due to the implementation of new tariffs on steel and aluminum, which has led to the rerouting of shipments and increased costs. As tariffs took effect, logistical challenges forced many suppliers to cancel deliveries or switch to more expensive transport options, affecting industries from automotive to construction. While domestic steel prices have surged, raising concerns among manufacturers and consumers alike, the long-term impacts of these tariffs may lead to further complications in international trade relationships.
Source: YAHOO