24
Oct
16:16
Nucor stays optimistic on auto
US steel producer Nucor is not overly concerned with the automotive sector’s general slowdown, Kallanish learns from the company’s third-quarter conference call.
After mentioning that about two-thirds of the company’s end markets are in a growth phase, Nucor ceo John Ferriola told analysts that US auto production falling to a projected16.8-16.9 million units in 2019 is not likely to majorly impact the steel market.
“So it's down a …
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous