Archive for March 28th, 2008
Steel price rise hits industry
I spotted the following report in The Hindu, but it struck me as being symptomatic of problems being faced, or likely to be faced by small manufacturers around the world:
Small enterprise units in this industrial town have curtailed production by over 40 per cent following increase in steel prices. In the last four months, prices [...]
Posted: March 28th, 2008 under Steel News.
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Steel Prices driven up by rising input costs, not demand
MEPS Report
US mill transaction prices continue their positive trend. They are being driven by escalating input costs and higher energy and transport charges, rather than any improvement in real consumption. Indeed, demand from a number of major end-user sectors is lacklustre and a good proportion of mill order books are taken up by service centres [...]
Posted: March 28th, 2008 under Steel News.
Comments: none