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U.S. Short-Term Steel Outlook Remains Bullish

The rise in U.S. steel prices may continue in the short term, with longer mill lead times and outages, but demand headwinds and a contraction in the manufacturing sector suggest a potential downturn in the future. ....

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Market in Backwardation Suggests U.S. Steel Prices May Hit Peak

Raw steel prices moved mostly sideways in March, though many see indicators that HRC costs may have reached their peak. ....

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