05
Jul
19:48
Steel watchers say 232 part of second-quarter success
US steel producers look set to announce blockbuster second-quarter earnings, Kallanish learns from recently released mill guidance.
Market observers say that's due to a variety of factors - including knock-on effects from President Donald Trump's 232 tariffs.
Both Nucor and Steel Dynamics Inc have said that they expect earnings to roughly double year-on-year in Q2.
That comes as no surprise to buyers who keep track of raw material prices, says one …
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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