U.S. steel prices surge to four-year highs as overseas supplies decline sharply (NUE:NYSE)
· seekingalpha.com
US tariffs on imported steel are restricting foreign supply, which has helped boost US hot-rolled coil prices by 52% over the past year to $1,255/st, the highest level since May 2022,
The steel sector is set to report Q3 earnings in the coming days and weeks that analysts expect will show higher sales and profits, as U.S. steel prices have cl...