31
Jan
20:11
Nucor's conversion costs to rise in 2018
US steel producer Nucor expects its conversion costs to continue to rise in 2018, largely due to graphite electrode prices, Kallanish understands.
Ceo John Ferriola told analysts on the company’s year-end conference call that conversion costs rose over the course of 2017 and will likely rise in 2018.
“Probably the biggest impact that we’ll see in terms of conversion costs in 2018 will be on the electrode side,” he says. “We expec…
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Anonymous
Very good overview of the weekly steel market.
Anonymous