U.S. Steel Industry is All Smiles with Strong Profits, $3.7 Billion in Fourth-Quarter Kickoffs
Attachment: US steel mill kickoffs, 4Q18
SUGAR LAND--September 28, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. steel industry is seeing a "renaissance," in the words of one company official, as leading players post record profits and steel prices approach a decade high. Whatever the sentiment among their downstream consumers, steel producers are upbeat about the Trump administration's tariffs and expect the growth to continue. Industrial Info is tracking more than $3.7 billion worth of active U.S. steel mill projects that are set to begin construction in the fourth quarter.
Within this article: Details on some of the highest-valued steel mill projects that are set to begin construction before the end of the year, including those from major companies such as Big River Steel LLC, Carpenter Technology Corporation (NYSE:CRS), United States Steel Corporation (NYSE:X), ArcelorMittal S.A. (NYSE:MT) and Attala Steel Industries.
Other companies featured: Nucor Corporation (NYSE:NUE), Steel Dynamics Incorporated (NASDAQ:STLD)
