<h1>US tariff may not directly affect the domestic steel sector but could hit exporters and related industries' competitiveness.</h1> The 50 per cent tariff imposed by the US will have limited direct impact on the domestic steel industry due to minimal exports to the US, but will increase exposure for exporters and overseas subsidiaries-particularly European operations that ship to the US-and create secondary adverse effects on related sectors; the company notes domestic demand growth, the need for competitiveness, and governmental trade-response measures including proposed GST reforms.