Steel: signs of weakness

4/1/2013 - Report
ic_blogtagEconomic OutlookTradeMetalGrowthPriceTrade
Steel oversupply and pricing volatility are likely to continue in 2013.

Mills will continue to seek cost improvements and will focus on vertical integration efforts, particularly with respect to raw materials.

A recession in Europe and slower growth in China means abundant global supply with imports poised to threaten the domestic market based on changes in domestic pricing, foreign exchange rates and transportation costs.

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Steel: signs of weakness - Report