Section 232 remedies have negligible effects on the real price of steel imports: Unit price of U.S. steel imports, inflation-adjusted, 2007 and 2016–2020

Real $2020q3 2007 2016 2017 2018 2019 2020
All steel products  $1,080  $778  $848  $922  $905  $833
Blooms, billets, and slabs  $671  $455  $518  $597  $566  $507
Sheets and strip, galvanized hot dipped  $948  $804  $886  $926  $928  $902
Oil country goods  $1,431  $1,124  $991  $1,133  $1,131  $1,103
Sheets, cold rolled  $1,545  $897  $921  $982  $946  $925
Sheets, hot rolled  $674  $538  $640  $719  $635  $567
Wire rods  $712  $580  $636  $778  $784  $765
Bars—reinforcing  $617  $402  $471  $561  $504  $467
Plates in coils  $944  $588  $720  $754  $700  $625
Bars—hot rolled  $1,090  $931  $955  $1,025  $1,076  $1,036
Sheets and strip, all other coated materials  $1,067  $825  $942  $978  $979  $990

Sources: U.S. Census Bureau 2020b; Bureau of Labor Statistics 2021b.

View the underlying data on epi.org.