22
Jul
15:32
Nucor sees recovery ahead for tubular business
Trouble in the US tubular sector bit into Nucor’s earnings in the second quarter, though company executives expect the sector to recover somewhat over the balance of the year, Kallanish learns from the company’s Q2 earnings conference call.
“Our tubular business right now is suffering from some of the same things that we've seen on the steel side,” says Nucor ceo John Ferriola. “Bloated inventories in the service centres have re…
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Anonymous
Very good overview of the weekly steel market.
Anonymous