U.S.-Based Steel Producers Target Capex for 2016 Despite Tough Markets
U.S.-Based Steel Producers Target Capex for 2016 Despite Tough Markets
Attachment: steel projects
SUGAR LAND--March 8, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Stock prices for U.S. steel makers recently got a shot in the arm when the U.S. Department of Commerce announced the imposition of preliminary anti-dumping duties on imported cold-rolled steel from several overseas producers. However, domestic producers warn they've still got a long way to go before they can rebound from the global steel supply glut. Industrial Info is tracking $13.8 billion in U.S. steel-related projects. Within this article: Planned capital expenditures by Nucor Corporation (NYSE:NUE), United States Steel (NYSE:X), AK Steel (NYSE:AKS) and Steel Dynamics Incorporated (NASDAQ:STLD).
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