27
Jul
21:24
USS sees weakness in energy through year-end
US Steel believes the North American energy tubulars market is likely to remain in a holding pattern for the time being, Kallanish learns from the company’s second quarter conference call.
“Nothing much more meaningful, I believe, can happen throughout the rest of this year,” Longhi says. “What it shows is we’ve probably hit bottom. Inventories in total are still very high.”
Instability in the energy market will probably pe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous