Suppliers

Tavares calls for lower steel duties as metal prices jump

Steel production
Duties of 25 percent remain on certain imports of steel, which some buyers say keeps benchmark prices artificially inflated.
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By:
Bloomberg
March 08, 2022 10:27 AM

Stellantis CEO Carlos Tavares has called for U.S. and European officials to lower protective tariffs on steel as raw material and energy inflation following Russia's invasion of Ukraine threaten to erode profits this year.

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