23
Jul
12:47
Nucor to double its efforts in auto
Nucor plans to double its exposure to the automotive market, Kallanish learns from the company’s second-quarter conference call with analysts.
Ceo Leon Topalian points out that auto inventory is “staggeringly” low due to the semiconductor shortage, which is serving to bulk out seasonally slow demand and keep sheet prices elevated.
“You think about the days on hand in the automotive world of about 27 days on hand, inventory numb…
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Anonymous
Very good overview of the weekly steel market.
Anonymous