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24 Sep
17:57

Electric future heats up UAW, GM talks

The United Auto Workers (UAW) and Big Three auto producer General Motors (GM) remain at an impasse in labour contract negotiations as the entities wrestle over the future direction of US auto production, Kallanish reports. The near week-long strike has effectively shut down GM’s auto production, stressing US sheet observers as prices continue to sink. Several major investment banks have said it is likely hot-rolled will tag $500/short ton before the y…
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