Archive for February 26th, 2009
More steel price weakness in Industrialised Countries- MEPS Report
There is still downward pressure on US transaction prices, although the rate of decrease has decelerated. Mill outages continue, with operating levels quoted at between 40 and 50 percent, depending on the facility. Deliveries are running late because of the production constraints. Nevertheless, distributors are keeping inventories at the lowest levels in many years as [...]
Posted: February 26th, 2009 under Steel, Steel International, Steel News, Steel Prices.
Comments: 1