31
Jan
20:21
US capex for steel spreads between commodity, premium
On-going US steel investment and capital expenditures can be expected to run the gamut from high-value to commodity products, Kallanish learns from a conference call with the Steel Manufacturers Association (SMA).
SMA president Philip Bell noted during the call that $10 billion in investments – upgrades, expansions, and greenfield projects – have been announced since January 2017, when the Trump administration’s 232 efforts began.
Those inve…
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Anonymous
Very good overview of the weekly steel market.
Anonymous