US Steel Prices Hit Four-Year High Due to Trump's Tariffs - Reports

NAMPA / Sputnik
2026-10-16
WASHINGTON, October 16 (RIA Novosti) - Steel prices in the US have climbed to their highest level in four years due to import tariffs imposed by US President Donald Trump, Bloomberg reported on Friday. Specifically, the price of hot-rolled coil, a benchmark for the US market, has surged by 52%. According to the report, the price per coil has exceeded $1,200​​​. The price surge comes ahead of the midterm elections, with inflation posing a major ch......
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