Infographic: Global steel trade eyes another reset amid US tariffs

The US has doubled import tariffs for steel and aluminum to 50% from the 25% imposed in March, effective June 4.

Canada and Mexico, the top suppliers to the US, are at the greatest risk after being exempted from 2018 tariffs that caused supply chain disruptions and altered trade flows. And outside of Mexico and Canada, the new tariff regime is also expected to impact other key global markets.

China, the world's largest steel exporter, may face a knock-on effect on shipments as other countries divert flows or safeguard their domestic markets from China's steel exports, in a series of developments that could reset global steel trade flows.

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