US flat-rolled steel market outlook uncertain ahead of planned mill outages
March 16, 2024 Comments Off
Upcoming planned maintenance outages at various domestic US steelmakers are expected to have a muted effect on prices amid a recent round of mill-enforced price hikes. From March to June, various domestic mills will be undergoing planned maintenance outages, which will take roughly 371,290 st of rated capacity out of the market, according to S&P Global Commodity Insights data. The…
US flat-rolled steel market outlook uncertain ahead of planned mill outages
Upcoming planned maintenance outages at various domestic US steelmakers are expected to have a muted effect on prices amid a recent round of mill-enforced price hikes. From March to June, various domestic mills will be undergoing planned maintenance outages, which will take roughly 371,290 st of rated capacity out of the market, according to S&P Global Commodity Insights data. The…
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