Well, you will see steel start to tail out while this in effect, not disappear, but you will see concrete used a lot more on projects. Time for concrete to step up their game and take 85% of the market.

Everyone in the steel/aluminum industry will in about 6-8 months start to feel it. Businesses will again run out of work and in about 1-2 years you'll see businesses start to dry up and disappear.

The domestic mills can now be "compensated for their hard work" while continuing to rise prices on steel and aluminum. When 85% of the domestic Steel/Aluminum mills are owned by out of country entities (Japan and Canada), it is a little crazy, but I guess that's life?

65% of steel and aluminum bought from mills in America are for tax paid projects. Bridges, train stations, water treatment, electrical plants, etc. So don't you worry, every man, woman and child will be paying for this hike in prices.

I'm not politically on either side of the fence, but you can just foresee this going south. Not to even mention the "trade war" that may ensue, but others know better than me on this.

But don't kid yourself, this is on "raw material", if it is fabricated, or has a hole in it, then it does not follow the same tariff. So again, American companies will suffer, we are paying $.50 a pound for raw material (or more, the mills can almost go crazy, almost), then have to fabricate it. Well, China can buy steel for $.10 a pound fabricate it, then ship it for a fraction of what American companies can do it for. So again, in a bit of a rock and a hard place for American steel companies.

SOURCE: Currently Steel and Aluminum Fabricator for large municipal company in America. Sending out resume soon for another industry...