The document discusses the investment rationale for the U.S. steel market as of early 2018. It highlights concerns about inflationary input costs affecting Q4-2017 earnings but suggests a positive outlook for Q1-2018. The document also discusses the impact of China's supply curtailments and potential risks from Chinese fiscal tightening. It includes figures on U.S. steel pricing trends and capacity utilization.
doj/DataSet10/EFTA01385450.pdf
{"title":"HY Corporate Credit - Investment Rationale","document_date":"2018-01-03","document_type":"tabular","key_locations":["U.S.","China"],"key_organizations":["Deutsche Bank"]}