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[SMM Analysis] Behind the USD 15 Billion Iowa Mill, How Real Is America’s Steel Fortress and Who Pays for It - Shanghai Metals Market (SMM)
A DRI-EAF mill, a new DR-grade pellet mine and a 50% tariff wall have put US hot-rolled coil USD 805/tonne above the world export price; the physical capacity only arrives from 2029, and the Iowa...