US Steel Costs Impacted by War, Trade Deals

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Sam McKinney, KeyBanc Capital Markets vice president and equity research analyst, said that while US steel mills have mostly hedged rising electricity costs with long term contracts, they are impacted by increasing diesel prices to ship steel by truck and rail route. On the other side of the coin, steel hasn't seen a drop in value in in the face of the war, as investors look to steel stocks to hedge against inflation. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET Saturday &

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US Steel Costs Impacted by War, Trade Deals Bloomberg Markets and Finance - 27.05.2026 15:43
US Steel Costs Impacted by War, Trade Deals Bloomberg Markets and Finance - 27.05.2026 15:43

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US Steel Costs Impacted by War, Trade Deals Bloomberg Markets and Finance - 27.05.2026 15:43
US Steel Costs Impacted by War, Trade Deals Bloomberg Markets and Finance - 27.05.2026 15:43