Steel industry dented by UAW strike against Detroit's Big Three

The U.S. steel industry is feeling the sting from the United Auto Workers' strike against Detroit's Big Three automakers.

Demand for steel has been falling for months in anticipation of the strike that is now in its third week, sending prices tumbling. The Wall Street Journal reported the price for coiled sheet steel has plummeted 40% since April, and companies are pulling back on production. The United States Steel Corp. temporarily shut down a furnace at its Granite City, Illinois, plant last month due to the strike, laying off more...

Wall Street analysts expect the S&P 500 to rise 19% over the next 12 months. Here are their 10 favorite stocks.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Steel industry dented by UAW strike against Detroit's Big ThreeSteel prices are suffering and demand is tumbling, worsened by the shutdown of auto plants owned by Ford, General Motors and Stellantis due to strike by the United Auto Workers union.
แหล่ง: FoxBusiness - 🏆 458. / 53 อ่านเพิ่มเติม »