Tag: Primary Metals

Steel Companies' Profits Hurt by Falling Prices

Steel Companies' Profits Hurt by Falling Prices

Steel prices in the U.S. have fallen to the lowest level in two years, shrinking steel companies’ profits but giving manufacturers hope for lower material costs. The weakening demand that started during the summer worsened during fall, pulling down the benchmark spot-market price for coiled sheet steel by more than 20% from the start of […]

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