what are indirect steel imports
In the previous part, we discussed direct steel imports. Letâs now learn more about indirect steel imports. Steel produced by steel mills is not consumed by us directly. We consume steel in the form of automobiles, steel-containing appliances, and so on. Industrial consumers also use machinery and equipment made of steel. The imports of these products are termed indirect steel imports. For example, when the United States imports a car from Japan, itâs importing all the steel that went into manufacturing that car.