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24 Jul
17:08

US sheet prices to head up: SDI

US steel producer Steel Dynamics Inc believes that the domestic market is in the early stages of a price upswing, Kallanish learns from the company’s second quarter earnings review. In response to an analyst question regarding recent flat-rolled price increases, ceo Mark Millett said that inventory destocking is nearing an end. “Well, I think obviously the principal pressure has been the destocking of the supply chain. And to be honest, as I talke…
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