Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / UBM - Amid Plunging U.S. Steel Prices Has 'Steelmageddon' Arrived?


UBM - Amid Plunging U.S. Steel Prices Has 'Steelmageddon' Arrived?

Original post

By Stuart Burns

Editor's Note: This article has been corrected to reflect the most recent AISI capacity utilization rates and the price delta between the ROW and the US.

Judging by the plunging share price of steel producers and the collapse in steel prices from $1,006 per ton just over two years ago to $557 now, it would seem that Steelmageddon - the term famously coined by Bank of America Merrill Lynch - is upon us.

Or is it?

A recent Fortune article puts steel producers at fault for rushing to restart idled

Read more ...

Stock Information

Company Name: United Battery Metals Corp
Stock Symbol: UBM
Market: OTC
Website: unitedlithiumcorp.com

Menu

UBM UBM Quote UBM Short UBM News UBM Articles UBM Message Board
Get UBM Alerts

News, Short Squeeze, Breakout and More Instantly...