25
Nov
10:48
Prices seen trending down, infrastructure supports US values
The global price rally is now over, but US values should see some upside in the coming months with the signing of President Biden's Infrastructure Bill into law, says Fitch Solutions. Chinese steel demand from the construction industry will continue to weaken next year, dampening steel prices and depressing the global steel price average.
The research firm has maintained its $750/tonne forecast for the global average steel price in 2022. Global steel prices ha…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous