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What Lies ahead for US Steel Prices in the Fourth Quarter?

What Lies ahead for US Steel Prices in the Fourth Quarter?

US steel prices have risen sharply this year after the Section 232 tariffs. Companies like Nucor (NUE) and Steel Dynamics (STLD) are posting record earnings and rewarding shareholders with generous buybacks amid higher cash flows. Meanwhile, US steel prices have already come off their 2018 highs.