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flag US steel tariffs could flood South-east Asia with cheap steel, threatening local producers.

flag US tariffs on steel imports may lead to a surge of cheap steel in South-east Asia, threatening local producers. flag The new tariffs remove exemptions for several countries, possibly diverting up to 50% of the steel that would have entered the US to markets in ASEAN. flag This, combined with excess Chinese production, could overwhelm the region's struggling steel market. flag Industry leaders warn that governments may need to implement protectionist measures to shield local industries from this potential influx.

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