Archive for January 8th, 2009
Steel purchasing collapse will continue into 2009 - Purchasing.com
Purchasing estimates that U.S. steel purchasing will have dropped 9% to 108 million net tons in 2008 when final statistics are tallied. And now, the analysts at Fitch Ratings forecast at least another 5% decline in buying in 2009 to 103 million. That means that production will remain weak and pricing will stay depressed. And, [...]
Posted: January 8th, 2009 under Steel, Steel Comment, Steel News, Steel Prices.
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