Archambault Comments on Foreign Steel Tariff in Law360 Article
Louis Archambault, a partner in the Firm’s Business and Finance Practice, comments on a possible foreign steel tariff and its effect on the construction market. According to Louis, the market has become unstable.
“If you're trying to price steel at the moment ... you can only get a bid quote for about a 48-hour period. Companies will only allow for their pricing to be good ... for that period of time," said Louis. “It's very tough to build a model now for a bid. If you're already building, you don't have a choice. You have to buy the steel. If you're trying to put together a budget it's extremely difficult.”
To read the full article, click here.