Flat-rolled market improving: U.S. Steel
Jul 31, 2013 | 11:43 AM
| Catherine Ngai
NEW YORK U.S. Steel Corp. expects the flat-rolled market to pick up in the third quarter, underscored by recent momentum in sheet price hikes.
"Demand has been relatively stable and many of the value-added markets we serve continue to improve. While the recovery in the automotive market has clearly led the way, other markets, including appliances, agricultural equipment and residential construction, are also making progress," John P. Surma, chairman and chief executive officer of the Pittsburgh-based steelmaker, said during a second-quarter earnings conference call. "The combination of improving demand and generally lean supply chain inventory levels has provided support for the improving pricing environment as of late."....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.