Are the US Steel Markets Staring at a Supply-Demand Imbalance?

In the previous article, we noted that although the near-term outlook for US steel demand looks positive, rising interest rates might take a toll on steel demand from the construction and automotive sectors in the medium to long term. US steel production has picked up the pace after the implementation of President Trump’s Section 232 tariffs. The company also expects its production capacity to increase by ~1.0 million metric tons after it completes its asset revitalization plan.