U.S. Steel sheds 6% as Citi forecasts weaker H2 steel market

Feb. 07, 2023 6:37 PM ETUnited States Steel Corporation (X), SLXNUE, CLFBy: Carl Surran, SA News Editor25 Comments

large bowl of molten metal at a steel mill. Steel production.

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Steel stocks closed mostly lower Tuesday after Citi analyst Alex Hacking told the Tampa Steel Conference that he expects a weaker steel market in this year's second half, Bloomberg reported.

Automotive demand will improve in

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