You are here

US TARIFF THREATS

SGX-listed steel firms shrug off US plan

Most of their shares hold steady in the market; but analysts worry about impact on broader market

BP_SGX_060318_6.jpg
Steel companies on the Singapore Exchange (SGX) will largely be unaffected by the impending US steel import tariffs as they are steel stockists which are able to pass on any change in prices, according to analysts.

Singapore

STEEL companies on the Singapore Exchange (SGX) will largely be unaffected by the impending US steel import tariffs as they are steel stockists which are able to pass on any change in prices, according to analysts.

The bigger impact, they say, would come from the risk of

sentifi.com

Market voices on:

Powered by GET.comGetCom