Disruptive weather in the United States and lagging scrap generation in Europe appear to be creating supply factors that ...
Steel prices, which had been on an upward trajectory since the COVID-19 pandemic, started softening late in the third quarter of 2021 as steel supply increased and lead times shortened. Ferrous scrap ...
Earnings will be down sequentially due to seasonal effects and what management described as “margin compression” in sheet ...
Sub-continent markets have taken a turn for the worse this week, as collapsing steel prices in India and Eid holidays in Pakistan, Bangladesh, and Turkey have led to depressed sentiments and virtually ...