Archive for June 23rd, 2005
Steel Pricing and Motor Manufacturers
A couple of days ago, I wrote about Steel Pricing and “touched” upon the way that the automotive industry and the large component manufacturers can “skew” the average price levels. I came upon this blog accidentally PROFİL CO.: Why are steel prices rising?, and it struck a chord immediately. It’s well worth a read as [...]
Posted: June 23rd, 2005 under Steel.
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Steel Industry meets as prices fall
Source NWTimes.com
The exhilaration that permeated the steel industry at the 2004 Steel Success Strategies conference will be tempered during this week’s event by low steel demand, high inventories and falling stock prices.
In the last 12 months, the cyclical steel industry reached record high prices and profits, then abruptly reversed its course and currently continues its [...]
Posted: June 23rd, 2005 under Steel.
Comments: none