Steel Tariffs Are Driving Up Packaging Costs: The Exemption Game Nobody Wins | Metals Mine

  • Steel Tariffs Are Driving Up Packaging Costs: The Exemption Game Nobody Wins

    From steelnews.biz

    In the United States, it is already becoming clear where steel tariffs lead when they spill over into the packaging industry. Europe is now debating the same course of action – and once again asking the wrong question. Raw material prices are rising at the start of the week.Metal markets are posting noticeable gains at the start of the week. Aluminium and nickel on the LME rose by 2.5% at the opening of trading, while copper was up 1.6%. Stainless steel futures on the SHFE also recorded gains on Monday, with Asian base metals overall showing a firm and stable tone across aluminium, nickel and copper. Steel Tariffs ... (full story)

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