TheSencrip said, the tariff did not directly affect the company on the steel installed by the US.
Sandy Verma June 06, 2025 07:24 PM

Business Business: Thecencrip Steel Europe has said that the tariff on the steel installed by the US has not directly affected the company. The company’s main sales market is Europe and the US exports a small amount of steel products.

However, doubling the import duty on steel and aluminum by the US has increased pressure on the transatlantic trade. The company has warned that this may negatively affect business relations and increase import pressure in Europe. Thicencripup has given this information in an official statement stating that these tariffs are serious factors affecting trade.

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