Market Segment
August 4, 2020
CRU: U.S. Trade Actions Now Aimed at the Heart of the Power Grid Sector
Written by Ibrahim Yucel
By CRU Senior Consultant Ibrahim Yucel, from CRU’s Steel Monitor
Efforts to reshore critical supply chains and secure access to strategic materials have become a top political issue for many countries, and trade barriers are a common tool used by governments to help protect local producers of strategic materials. However, trade policy enforcements sometimes lead to market distortions in other parts of the supply chain, as industry participants with different incentives reconfigure their procurement strategies to accommodate a changing legislative environment.
