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03 Aug
15:12

US Steel plans for on-going tubular consolidation

The US tubular market is likely nearing bottom, but whether it will rise from that bottom in the medium-term remains an open question, Kallanish learns from US Steel.  On the company’s second-quarter conference call with analysts, ceo David Burritt said the market is “...nearing the bottom, but [we] expect difficult market conditions to persist.” As a result, the company’s operations will remain consolidated around its Fairfield, Alab…
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