Australian steel prices plummet as US tariffs fuel rise in imports
https://www.abc.net.au/news/2025-04-06/steel-deals-to-be-had-as-tariffs-fuel-glut-of-cheap-imports/105122848
"A lot of the steel going into the USA [will be] out of the market, and that's going to have to find a home," he said.
Mr Gianniotis said, earlier this year, buying imported steel was around 10 per cent cheaper than buying from domestic suppliers.
After the US tariffs were announced, that discount doubled to 20 per cent.
I don't think there will be many US companies buying Australian steel when it comes with extra tarriffs