US Tariffs Disrupt Stainless Steel Orders as One-Third of Firms Delay Purchases
From beemarkets.com
Outokumpu, the largest stainless steel producer in Europe, has warned that U.S. import tariffs of up to 50% are severely impacting demand, with one-third of companies surveyed delaying or halting orders, and over half reassessing their procurement strategies. The announcement underscores the widening disruptions to global industrial supply chains triggered by shifting trade policies. CEO Kati ter Horst told Reuters that the sudden addition of hundreds of machinery and equipment derivatives to the U.S. tariff list in August has caused significant uncertainty among buyers, further complicating planning for ...
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