US Steel Industry Sees Economy Reviving Demand in 2025

-- American steel executives say they’re optimistic that demand for the industrial material will rebound next year, recovering from the lackluster demand and low prices that have hobbled the industry in 2024.As Rural Hospitals Shutter Maternity Wards, Urban Ones Follow

Yet despite the potential for more spending on major energy projects due to government incentives, higher borrowing costs have been a drag on manufacturing and economic growth. Steel demand in the first half of this year was 50.9 million tons, about 0.4% less than the same period a year ago, according to data from the American Iron and Steel Institute.

According to the American Iron and Steel Institute, US raw steel production rose 1.1% last year to reach 89.7 million net tons. AGCO immediately suspends the liquor licence of Hamilton’s Club 33 following latest violent incidents

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