American Steel CEOs Push for Further Action on Mexican Imports
07/24/2024 - The U.S. government should take further steps to stop transshipments of steel through Mexico, the chief executive officers of two of the country’s top steel producers said this week, according to the Bloomberg news service.
As per Bloomberg, Nucor’s Leon Topalian and Cleveland-Cliffs’ Lourenco Goncalves said during their companies’ respective quarterly earnings calls that recent steps don’t go far enough.
“For too long, Mexico has enabled countries like China, Japan, South Korea, Brazil and several others to get away with dumping steel into our domestic markets using Mexico as a transshipment ground with zero or no value-added,” Goncalves said. “It’s great to see action being taken, but we need a lot more.”
You can read more here.
“For too long, Mexico has enabled countries like China, Japan, South Korea, Brazil and several others to get away with dumping steel into our domestic markets using Mexico as a transshipment ground with zero or no value-added,” Goncalves said. “It’s great to see action being taken, but we need a lot more.”
You can read more here.
