14
Aug
23:23
Analysts expect Turkish steel tariffs to bump stocks
Analysts say that US steel companies may see stocks move upward after tariffs on Turkish steel imports are doubled.
Kallanish has learned that Bank of America analyst Timna Tanners says that the price of Turkish steel will become exorbitant in the near future.
“We believe Turkish steel imports will be priced out of the market,” Tanners says. “A new 50% tariff on Turkish imports to the US is positive, yet we still hear of greater supply …
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Anonymous
Very good overview of the weekly steel market.
Anonymous