Concerns are rising that the recently announced section 232 tariffs on steel may increase the cost of implementing the Trump administration’s infrastructure renewal program. While exemptions aren’t yet known, they may be applied to individual products rather than countries. Rebar, used in concrete building and infrastructure applications, is unlikely to be one of them. A series of trade cases have been brought against the product already. They resulted in a 52% drop in imports in the fourth quarter, which likely accelerated to 57% in the past two months and a potential record low in F...