29
Jan
18:01
Nucor: Imports, China are causing steel industry crisis
The US steel industry remains in “… crisis” due to import pressure and the continued influence of China on global commodity markets, Nucor ceo John Ferriola said on an earnings conference call with analysts.
“It is not an exaggeration to say that the global steel industry is in a crisis,” Ferriola says. “The crisis is the direct result of foreign governments - particularly China - blatantly subsidising their steel industries.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous