Wherever you look, you’ll see crisis after crisis. Economies in Europe and the US are stalling and some are even on the brink of another downturn. Add to that the enormous amount of debt burdening the US and the Eurozone and you can easily see that the next economic meltdown is just around the corner. More…
Tag Archives: raw materials
World steel outlook is mostly bright Reply
Long steel market players from around the world gathered in St. Petersburg, Russia September 25-27 for the SteelOrbis & IREPAS Conference and agreed that aside from a few regional exceptions, the outlook for steel around the globe is surprisingly favorable. More…
Getting close to the edge of the woods Reply
Demand, or a lack thereof, finally caught up with reality and HRC prices have crashed down to earth, dropping about $160/mt in the process. A lot of the earlier, pent-up demand happened because of “restocking” inventory. Guess what? Latest surveys of steel consumers show a high inventory level. More…
Banking on the future Reply
South America’s top steelmakers strategize for success. The South American steel industry is at a turning point. After surviving the worldwide economic downturn relatively unscathed, it has proven itself not only strong on the domestic front, but a growing powerhouse on the global stage.
