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02 Nov
15:24

Ryerson balances supply squeeze against Covid headwinds

Short-term supply squeezes are pushing up US steel prices against the backdrop of the Covid-19 “dystopia,” but it’s not clear how long supply alone will support the market, says Ryerson ceo Eddie Lehner on the company’s third-quarter conference call.  “Very recent events around supply side tensioning are creating an environment across carbon, stainless, and aluminium where lead times have practically moved into Q1 of 2021,”…
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