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11 May
20:18

US coil demand moderate, buyers maintain low stocks

Despite underlying whispers of recession, some sources in the steel market remain optimistic about the overall health of the US economy, Kallanish understands. “I am surprised about the manufacturing numbers being what they are, as our customers seem to be telling us differently, in the volume of steel they need. There’s pretty stable, moderately good end-user demand. Those who are in the spot market are doing their best to take a breather a…
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