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23 Mar
20:21

Steel sales, profits fall in the US

Both profits and sales of steel fell in the US manufacturing industry at the end of last year, Kallanish learns from data by the US Census Bureau. According to the Bureau's quarterly financial report, sales of iron/steel from the US fell to $45.38 billion in the fourth quarter of 2021. Quarterly sales were down from sales reaching $46.19 billion during Q3. Operating profits by US manufacturing companies in the iron/steel industry fell, as well, from $10.1 bil…
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