Trump Vows to Block U.S. Steel Acquisition
Via Metal Miner The Raw Steels Monthly Metals Index (MMI) fell 11.17% from January to February as steel prices declined. U.S. flat rolled steel prices continued to slide after finding a peak at the close of 2023. Following a 2% decline throughout January, hot rolled coil prices fell over 5% during the first half of February. HRC prices now sit at the $1,000/st mark, as bearish momentum appeared to accelerate in recent weeks. Producer Q4 Results Show Lower Volume Despite Steel Prices Uptrend In their late January quarterly financial statement releases,…