Insight

Scenario analysis of US auto tariffs’ impact on steel

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Wood Mackenzie has conducted a scenario analysis on how the US automobile tariffs could affect the steel industry. Please refer to our insight to understand: 1. How will the auto tariffs affect steel demand in the US and its trading partners? 2. How do these vary in case of a full-blown impact vs a retaliatory tariff scenario? 3. Do US steel mills have enough capacity to meet the shortfall from imports?

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    US Auto Tariffs' Impact On Steel Apr 8, 2025.pdf

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