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In June this year, eight major U.S. steelmakers, including Bethlehem Steel Corp. and USX Corp., filed a petition with the Commerce Department and the ITC on the cold-rolled steel products.
The highest tariff rate applies to hot-rolled and cold-rolled steel sheets, while tin-plated steel plates carry a 25% tariff.
Glass mosaic tile is used for the backsplash, the countertop is cold-rolled steel, and a storage cabinet of birch includes a built-in hamper to keep dirty clothes from landing on the floor.
Prices for cold-rolled steel and ethylene have already dropped sharply, and auto prices have fallen as much as 20% in the past 12 months.
In March, metal shop owner Karla Aaron ordered 500 sheets of the same cold-rolled steel she bought for $2 each in January.
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