Posted Mar 3, 2018, 5:21 PM
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Concerned Citizen
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Join Date: Mar 2009
Location: Hamilton
Posts: 1,348
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It more than likely won't have any effect on steel sales. The Americans don't have the capacity to to produce what they need so they have no choice but to import steel. Just like with softwood lumber, the demand will still be there and those extra costs will be passed on to consumers. Where job loses may occur will be in the US where most of the consumer products using imported steel are made. Those industries will suffer through lower sales.
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