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05 Nov
18:29

Price slump won't impact USS 2016 contract talks

US Steel plans to maintain its flat-rolled contract negotiation strategy for next year despite the severe downturn in steel pricing, Kallanish understands. On an earnings conference call with analysts, US Steel investor relations manager Dan Lesnak said between two-thirds and three-quarters of the company’s flat-rolled contracts are set to roll over January 1. Lesnak declined to give exact volumes. Ceo Mario Longhi said there is no change in the tone of…
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