Cliff’s acquisition of AK Steel suggests it can leapfrog EAF steel producers like Nucor and SDI with a better raw material cost structure, cost synergies and new pig iron production.
Tag: US Steel
This Morning in Metals: U.S, China Reach Truce on Trade … For Now
This morning in metals news, U.S.-China trade talks have led to a tenuous truce, Nippon Steel says strong demand is easing the blow of the U.S.’s steel tariff, and shares of US Steel and AK Steel dropped on the heels of the latest developments in the U.S.-China trade talks. Need buying strategies for steel? Try […]