Research

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

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October 2018 | North American Steels


Prices to maintain stability through Q4 2018 on trade uncertainty and demand support: US Long Product Highlights


There have been mixed messages about US construction activity, which is the largest end-use market for steel long products.

The US long products market has been largely steady over the past month with both domestic and import prices flat across the board.

There continues to be significant uncertainty on the trade front. While a trilateral deal has been inked for a replacement of the North American Trade Agreement (Nafta) under the name of the United States-Mexico-Canada Agreement (USMCA), the Section 232 steel (and aluminum) Mexican and Canadian import tariffs remain in effect, at least for the time being, although...

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