05
Nov
20:23
US Integrated mills struggle with break-even costs
US integrated mills are steadily chipping away at their break-even costs, but they are still structurally at a disadvantage to their minimill competitors as long as scrap keeps trending down, Kallanish understands.
US Steel executives said this week in a conference call with analysts that they’ve shaved $40/short ton from their break-even costs, which several polled analysts put at least north of $450-475/st.
Meanwhile, says one market observer, mi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous