SYDNEY—As steel producers closed plants from Ohio to Texas over the past decade, a little-known Australian steelmaker bucked the trend, boosting U.S. production in a bet that demand would rise from the construction and automobile industries. The wager by Melbourne-based BlueScope Steel Ltd. sets it up to be a big winner from President Donald Trump’s tariffs on steel and aluminum imports. BlueScope’s...
Source: Wall Street Journal March 24, 2018 12:00 UTC