U.S. Steel Sinks as Another Wave of Cheap Imports Predicted

  • Chinese steel index slumps as U.S. benchmark keeps rising
  • ‘A boat load of imports are likely on the way,’ Axiom says

Just when it looked as though U.S. steelmakers had repelled a tide of cheap imports, more attractive prices risk inviting another wave of shipments. The most iconic U.S. producer is bearing the brunt of concern.

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