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Why vacillating tariff decisions will lead to price surges, but the fundamentals will prevail in the US steel market
French shipping giant CMA CGM Group’s plan to invest $20 billion in maritime transportation, logistics and supply chains in the US over the next four years signals the start of a turnaround for US shipbuilding and will increase demand for steel plate by as much as an estimated $2 billion over the term of the investment, according to market participants.
Market participants are reporting significant disruption in shipping containers of metal scrap