Archive for October 29th, 2008
GLOBAL STEEL PRICES IN FREE FALL?
MEPS are reporting that prices continue to fall despite the steel producers strong stance.
Transaction prices continue to head downwards In the US as scrap costs are dropping rapidly. Mill order books are very weak because customers are depleting their inventories. Financing of stocks has become a real issue. Buyers are holding back from purchasing, expecting [...]
Posted: October 29th, 2008 under Steel Comment, Steel News, Steel Prices.
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