New steel capacity, slower construction activity could weigh on 2023 US sheet prices: panel

The startup of new steelmaking capacity and weaker construction activity could weigh on US sheet steel prices and keep them more rangebound in 2023, compared with the last two years, according to a panel discussion at the 2023 Tampa Steel conference in Florida. “2023 could be a return to a more boring environment,” said Timna Tanners, equity research analyst for…

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