Is November bringing a long-awaited uptick in the steel industry? Early signs suggest that price increases, initiated by Cleveland Cliffs, are taking hold. Despite concerns about the ongoing auto strike affecting steel demand, planned and new steel mill outages are extending lead times, possibly offsetting the decline in auto demand. Stay tuned for updates as November unfolds in the steel market โ it could be a ‘Trick or Treat’ scenario. #SteelIndustry #PriceTrends #AutoStrike

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