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Hilco Global releases report on effects of Section 232 tariffs
- July 11, 2019
- News Release
- Metals/Materials
Privately held diversified financial services company Hilco Global, Northbrook, Ill., has issued a perspective on the evolution and detailed impacts of continuing Section 232 tariff actions on the U.S. steel and aluminum industries.
“The Evolving Story of Steel & Aluminum Tariffs” by Michael Sullivan, vice president of the Metals and Mining Valuation Group at Hilco Valuation Services, looks at the many issues facing the metals industry today and explores the events and market forces that have contributed to the current market.
The report explores the goods and countries that have been most affected by the tariff actions, which parties have benefited most, why previous trade sanctions were largely ineffective, and the issue of potential circumvention complicity.
“We look at markets through a series of lenses that enable us to assess the valuation of business inventories at a specific point in time,” said Sullivan. “In the metals industry, as in others, we have amassed a great depth of historical knowledge and trend data that not only helps inform our evaluations but also affords us great insight into how these markets have evolved and where they may be heading.”
To obtain a copy of the report, contact Gary Epstein, Hilco’s chief marketing officer, at 847-418-2712 or gepstein@hilcoglobal.com.
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The Fabricator is North America's leading magazine for the metal forming and fabricating industry. The magazine delivers the news, technical articles, and case histories that enable fabricators to do their jobs more efficiently. The Fabricator has served the industry since 1970.
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