Klöckner & Co remains largely unaffected by US tariffs on steel and aluminum, according to its CEO, Guido Kerkhoff. The company sources 97 percent of its US product tonnage from domestic mills, minimizing exposure to penalty duties.
Additionally, Klöckner’s operations in Mexico benefit from USMCA approval, allowing seamless entry into the US market. The company’s recent acquisition of Haley Tool & Stamping in Tennessee further strengthens its manufacturing capabilities.
Despite concerns among competitors, Klöckner views the US government’s near-shoring strategy as an opportunity for growth, reinforcing its position as a local player in the market.