Short Range Outlook – August 2012

Stagnation prevails in unpredictable long steel market Some customers in certain regions have returned to the long steel products market after a long absence. Nevertheless, for almost all products supply is still greater than demand, resulting in very difficult market conditions. Competition is very strong in the marketplace, and can even be described as fierce in the North American and Asian markets. The oversupply situation in China has worsened... Read More