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Trade Deal with South Korea Good for U.S. Steelmakers


Industry Segment: Metals & Minerals | Word Count: 109 Words
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.

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