U.S. Steel Producers See Better Times Ahead for Auto, Construction Markets

SUGAR LAND--August 17, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--After seeing diminished second-quarter financial results, executives with four leading U.S. steel manufacturers are painting a rosier picture of the second half of this year, saying their companies will benefit from growth in automotive and construction markets. At least two of the steel companies have reduced their expected capital expenditures for the year. Industrial Info is tracking 63 projects with a total investment value of $1.1 billion for United States Steel Corporation (NYSE:X) (Pittsburgh, Pennsylvania), Nucor Corporation (NYSE:NUE) (Charlotte, North Carolina), Steel Dynamics Incorporated (NASDAQ:STLD) (Fort Wayne, Indiana) and AK Steel (NYSE:AKS) (West Chester, Ohio).

Within this article: Details on the quarter and projects for the four leading U.S. steel companies.