Archive for October 16th, 2009
European steel prices slipping?
We have argued for some time that recent price increases implemented by the steel producers were premature and counterproductive.
Shortages due to greatly reduced inventories which in themselves were the result of poor sales lead to end users and distributors placing new orders in June and July. It was naive in the extreme for the steel [...]
Posted: October 16th, 2009 under Steel, Steel Comment, Steel Prices, steel strip.
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