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Ferro-alloys.com：With the easing of the new crown pneumonia epidemic, the US manufacturing industry is gradually recovering, but many steel plants have slow recovery of production capacity and insufficient steel supply.

The current capacity utilization rate of US steel plants is only 75%, which is far below the level of 82% in February last year.

US steel prices are 68% higher than global market prices. Even with a 25% import tariff, imported steel is cheaper than domestic steel.

High raw material prices will not only weaken the competitiveness of American component manufacturers in the international market, but also affect the local consumer market.
 

• [Editor:zhaozihao]