23
Apr
12:03
Auto, renewables provide boon for steel: Nucor
The changing auto market and the burgeoning renewables market will both fuel steel demand in the medium term, Kallanish learns from Nucor’s first-quarter earnings call with analysts.
Chief executive Leon Topalian says the semiconductor shortage that has been plaguing auto will continue to affect production rates. This will have the ultimate effect of stretching out demand throughout the year to meet its projections of 16 million vehicles.
“Even …
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous