Nucor And Reliance Seen As Steel's Strongest Defenders Against Market Challenges

The North American steel sector is grappling with weak pricing and muted demand growth, leaving investors cautious in the absence of clear catalysts. With Steel Dynamics (NASDAQ:STLD) and Nucor Corporation (NYSE:NUE) set to issue third-quarter guidance next week, and Commercial Metals Company (NYSE:CMC) approaching its fiscal fourth-quarter report in October, JP Morgan highlights persistent pricing pressure and ongoing industry uncertainty in its latest mid-quarter update on the sector. Hot Rolled Coil ( ...