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08 Dec
21:44

Steel sales, profits tumble in the US

Steel manufacturing in the US retracted during the third quarter, Kallanish learns from the US Census Bureau. According to the Bureau's quarterly financial report, sales of both iron/steel and fabricated metal products from the US fell in Q3. Quarterly sales of iron/steel products fell by nearly $5.1 billion to a total of $47.48 billion, whilst fabricated metal product sales fell by $1.36 billion to $87.4 billion. Operating profits at US manufacturi…
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