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US steel tariffs impact unforeseen global trade adjustments

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The increase in tariffs by the US created a ripple effect on global trade where the market balance was disrupted. Malaysia is preparing to launch an anti-dumping investigation for the imports of iron from Turkey as a lot of cheap scrap steel came into Malaysia where the metal was dumped at lower than domestic rates creating a surplus of scrap. Turkey is one of the largest importers of scrap steel..
Date Published: May 02, 2019
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