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World Steel Association: Global crude steel production in November was 145.5 million tons, up 3.3% year on year
In November 2023, the world's crude steel production in 71 countries included in the World Steel Association statistics was 145.5 million tons, an increase of 3.3% over the previous year.
The UAW strike brought unexpected joy, and US steel mills are expected to usher in high profits next season!
① The strike in the US automobile industry hindered procurement at the time. Now that automobile manufacturers are expecting to resume operations, the automobile industry has begun to purchase large quantities of steel; ② Analysts expect that the price of US steel will continue to rise and bring higher profits to steel mills in the first quarter of next year.
National Bank Expects Mullen Group to Outpace Broader Canadian Economy in 2023
Mullen Group Price Target Raised to $16 at CIBC
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Mullen Group Market-Perform Rating Reiterated at BMO Following Management Meetings; Price Target Kept at C$15.50
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