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02 Nov
18:27

US Steel believes market has turned major corner

US Steel believes the global market is finally emerging from a sustained pricing trough, Kallanish learns from the company’s third quarter analyst conference call. “Inventories continue to contract. They are in a better position now than they have been throughout the whole year,” says ceo Mario Longhi. “Certainly, we believe that prices have bottomed. As a matter of fact, if you look around the world, the whole thing is turning. It’…
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