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27 Oct
21:21

HRC prices strengthening, may retreat in 2024: USS

US Steel says flat-steel pricing in 2024 may be lower than current levels even though the year will begin with steep price increases in effect, the steelmaker predicts while reporting third-quarter earnings.  In the fourth quarter, the Pittsburgh, Pennsylvania-based company expects lower profit than it posted in Q3, partially due to planned mill outages but also market conditions, US Steel senior vice president and chief financial officer Jessica Graziano rep…
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