Tariff talk dominated the steel market in 2018. The past year was unquestionably a wild ride for the domestic steel industry. And with the combination of congressional upheaval in Washington, the ever-changing ins and outs of trade policy, the potential for interest rate hikes and more – the next 12 months figure to be just as tumultuous.
Mike Jenny, managing director at Livingstone, spoke with Dan Markham at Metal Center News about how trade policy and other issues might affect the market for the steel supply chain in 2019.
He believes companies have gotten and will continue to get nicked by tariffs. “They can’t pass their cost increases through. That’s meaningful, and a lot of people are hurting from that.”
The article appears in Metal Center News magazine, a magazine that is printed and circulated to subscribers.
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