Nucor Corporation (NUE)

[ontopofit]

Out look improves as more companies expect higher prices__

The number of companies globally expecting rising prices in the next three months has increased since last week to the highest level since March, according to the latest carbon steel market survey results from TSI.

24% of respondents in N America, Europe and Asia expect prices will increase in the next three months, up from 18% in the previous week's survey. >28% expect prices to be stable, up from 26%, with 48% foresee lower prices.

Among US compatible companies, 23% predict off take in the next three months, up 14% and 68% expect stable demand. Globally...48% of companies expect steady demand, with an unchanged 21% foreseeing higher offtake.


Prices are looking great for entry level positions IMO