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Section 232 steel tariffs even disadvantage firms that buy domestic product, thousands of manufacturing businesses say

( February 10, 2021, 17:55 GMT | Official Statement) -- MLex Summary: Since the Section 232 steel tariffs prompted domestic producers to raise prices, even companies that only purchase steel from American producers are unable to get the goods they need because of the limited domestic capacity or can't buy the products at a competitive price, the Coalition of American Metal Manufacturers and Users said in a letter urging President Joe Biden to lift the levies imposed in 2018. "Our member companies report not only record steel prices, but also delivery times stretching 12-16 weeks, causing significant disruptions," said the coalition, which represents more than 30,000 companies. Statement and document follow below:...

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