Thursday, October 22, 2009

Steel Demand Expectations Collapse To Late 2008 Levels

Your industry news article on a steel business briefing report:-

Steel Business Briefing warns that demand expectations in the steel industry could drop as low as they did in December 2008, at the height of the global financial meltdown. With the downward trend expected to continue at least into early 2010, this is bad news for producers as end-use consumption is currently insufficient to boost further demand.

The report goes on to contrast the view with the views of the World Steel Association’s more optimistic view

Read the full article here

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