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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
Add BT as a preferred sourcePublished Mon, Mar 5, 2018 · 09:50 PM
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 trade wars to global markets.
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