French steelmaker Aperam to seek potential exemptions from US tariffs

Aperam SA

03/04/2025 14:03

Removes nationality from headline, corrects company's descriptor in paragraph 1 to Luxembourg-based from French

April 3 (Reuters) - The Luxembourg-based steel group Aperam APAM.AS said on Thursday it would explore potential exemptions from announced U.S. tariffs, along with its U.S. customers.

The long-term impact of the tariffs on the U.S. economy remains uncertain and could influence any investment decisions, Aperam told Reuters in an emailed statement.

     "Unfortunately, the current lack of regulatory predictability creates an unfavorable business environment on both sides of the Atlantic," it added.

The group stressed the "need for an appropriate and proportionate response from the European Union", urging the 27-nation bloc to protect the region's steelmakers from the negative impact of U.S. trade policies.

 (Reporting by Anna Peverieri)

 ((Anna.Peverieri@thomsonreuters.com;))