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The battle for US Steel heats up as a second company launches a bid

I've had a low-level interest in steel companies for the past few years, in part because of their sensitivity to the global economy. Also, in part because they reflected a powerful change the began under the Trump administration and has accelerated since: The reshoring and rebirth of US industry.Heavy protectionism separated the North American steel market from Chinese dumping and US fiscal spending on infrastructure boosted demand.Despite that, steel companies remained forgotten, even as they c... Read More

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Battle

Steel

Heats

Second

Company

Launches

Forex

Posted: Aug 14 2023, 19:17

Author Name: forexlive

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