14
Sep
11:01
Supply/demand imbalance returns, prices decline in 2022: Moody's
A worldwide supply/demand imbalance for steel will return through 2022, and steel prices will gradually decline towards their historical averages from the unusual highs of 2021, says Moody’s.
“Steel demand will ebb as buyers replenish inventories, stimulus spending wanes, and consumers return more widely to spending on experiences as vaccinations become more widespread,” the credit rating agency says in a report sent to Kallanish. “Steel su…
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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