
Distributors and users of steel products expect recently increased prices to remain at least at current levels as people sort out the implications of President Trump's executive order March 8 imposing a 25% tariff on steel imported from all countries except Canada and Mexico.
Ken Simonson, chief economist for the Associated General Contractors, predicted to the Salt Lake Tribune that prices for both imported and domestic metals "is likely to rise immediately. ... Bid prices will rise for future projects.”
Read More