BSL 2.13% $20.38 bluescope steel limited

Steel prices in the US are insane and they probably do need to...

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    Steel prices in the US are insane and they probably do need to do something to increase competition in their market or their manufacturing segment will become uncompetitive. I think there are import volume restrictions as well as tariffs so those volumes would need to be relaxed to allow more imports across the borders. The other issue will be where the additional import volume would come from with China actively restricting production and exports. I suppose if HRC prices are up around $2000/t there will be plenty of companies ready to import if the volume restrictions are lowered.
 
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