14
Dec
20:36
US flats buyers foresee strong first quarter
US flats buyers are looking ahead to a strong New Year, echoing sentiments expressed in Nucor’s fourth quarter guidance.
Nucor expects flat earnings in Q4 due to import pressure. Steady import relief and several outstanding price increases for sheet and plate, however, should deliver a shot in the arm to Q1, the company says (see related story).
“Business is picking up and the market seems to be shifting upwards, which means pricing will firm up i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous