BlueScope Steel Ltd

BSL: XASX (AUS)

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Bluescope Steel: Higher Steel Tariffs to Lift North Star's Prices in the Short Term

Esther Holloway

Jun 19, 2025

President Trump's increased steel tariffs, now 50% from 25%, is intended to protect the domestic steel industry, with about one-fourth of consumption usually imported. US domestic flat steel spot prices are more than 10% higher since the 25% tariff increase was applied in March 2025.

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BlueScope Steel Ltd

Bluescope Steel: Higher Steel Tariffs to Lift North Star's Prices in the Short Term

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