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    HomeNewsOpinionHow Trump’s tariffs are affecting global steel demand

    How Trump’s tariffs are affecting global steel demand

    World Steel Association’s latest demand forecast points to limited long-term impact from the tariff war unleashed by the US on demand for the commodity

    Ravi Ananthanarayanan
    October 15, 2025 / 13:19 IST
    Even before Trump’s tariff surprise, 2024 had seen a 1.6 percent decline in global steel demand, partly due to China’s economic slowdown
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