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14 Nov
18:02

Labour resolutions fail to budge US market

With the ratification of a new four-year contract with the United Steelworkers (USW) and deals in place with both ArcelorMittal and Cleveland-Cliffs, US market sources remain optimistic over labour issues. These appear to be buttoned up for the foreseeable future, market commentators suggest. That said, a relatively steady-state labour market was already baked in to pricing assumptions through year-end, Kallanish understands. “No one expected a str…
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