Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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February 2019 | North American Steels

Pricing pressure builds for US long products: US Long Product Highlights

There is no doubt that pricing pressure increased over the past month, especially with domestic mills, led by Nucor, announcing in mid-January that they were lowering their spot prices for merchant bars and structural steels by $20 per ton as part of their commitment to “maintaining a relevant published price” considering increases in import and domestic competition.

With fears that US economic...


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