Analysts Puzzled by Steel Price Hike; Stocks Keep Rising
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Stocks To Watch
AK Steel (AKS) shocked the market on Monday by raising prices on flat-rolled steel products by $30 per ton, marking its third price increase just 10 days after its second increase. Only one of the previous price increases stuck, note analysts at Steel Market Intelligence, meaning the rest of the market likewise raised prices. It’s [...]
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