10
Oct
18:06
Nucor sheet hike sparks market enthusiasm
Nucor’s leading $40/short ton increase on sheet products can expect fairly widespread support, Kallanish hears from market sources.
The increase is effective immediately.
While at least one buy-side source says it represents an attempt to keep prices from falling any further, a source at one top-tier integrated mill says it is a result of a fundamentally good market.
“We have seen market dynamics changing over the past couple of weeks and have …
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Anonymous
Very good overview of the weekly steel market.
Anonymous