The federal government has now launched an investigation with the International Trade Commission on corrosion-resistant steel products from certain US trading partners. So, why is there an investigation and how will it affect steel prices here in the states? In this video, Thad Barnette is joined by Adam Mazzella, President of Sheffield Metals to talk about the recent events and what it might mean for metal suppliers and contractors.
Topics covered:
- What recent events have been happening in the steel market? 0:15
- What steel products have been impacted? 0:50
- What is anti-dumping and countervailing? 1:29
- What could happen with the investigation by the DOC and ITC? 2:52
- What could happen if a country has tariffs imposed on their imports? 4:59
- What should you consider for steel pricing? 6:17
- Why is it important to stay close to your steel supplier at all times? 7:06
- How do you manage bidding and supply as a business owner right now? 7:47
