Trade Deal with South Korea Good for U.S. Steelmakers
Attachment: South Korean Steel Mills
SUGAR LAND--March 30, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--A new trade deal with South Korea is good news for U.S. steelmakers, including Nucor Corporation (NYSE:NUE) (Charlotte, North Carolina) and United States Steel Corporation (NYSE:X) (Pittsburgh, Pennsylvania). The deal caps South Korean imports at 2.68 million tons and removes the proposed 25% tariff on steel products from the equation.
