Archive for February 22nd, 2008
Steel supply shortage may push prices to record high
From the USA
Steel prices are rising amid tightened supplies and robust overseas demand.
The worst-case scenario could be a repeat of 2004, when manufacturers of many products, from automobiles to washing machines, faced severe steel shortages and record-high prices.
That’s not happening yet, but there’s plenty to worry about, according to some industry experts.
The price of [...]
Posted: February 22nd, 2008 under Steel News.
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