Aussie winner from Trump’s tariff

News.com.au - 17/02
BlueScope says it could be a major beneficiary of the 25 per cent tariff imposed by US President Donald Trump, even if China onsells its steel into Australia.

BlueScope says it could be a major beneficiary of the 25 per cent tariff imposed by US President Donald Trump, even if China onsells its steel into Australia.

During a presentation to shareholders, BlueScope steel managing director and chief executive Mark Vassella said the price of steel had jumped 20 per cent since the tariff announcement.

“The new administration has certainly turned Washington on its ear,” he said.

“Since the Trump announcement, we’ve seen prices go up, futures strengthen.”

The steel price has soared 20 per cent since Mr Trump’s announcement of ...
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