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Steelmen bullish on year end as orders bend higher
Steel Magazine says steelmen believe the year's low point in orders is past with a fourth quarter surge expected. Railroads and construction show promise once labor disputes and tax credit delays ease. mills shipped 3,615,131 net tons for construction in four months, down 5.7 percent from a year ago, while railroad orders fade but equipment demand rises. Raw production eased to 2,234,000 net tons in the week ending July 1 as scrap prices climb.
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Cleveland
Steel Magazine
Lvestment