Short Range Outlook : March 2017

Still improving supply-demand balance creates brighter picture in global longs market The supply-demand balance continues to improve in regions like the US, Europe and Asia, contributing to a brighter picture in the  global long steel products market. US market boosted by restocking and infrastructure spending expectations Demand has improved in the US as buyers have been restocking. In addition, President Trump’s promise to spend one trillion... Read More

Short Range Outlook : June 2016

Global long steel products market once again under pressure from Chinese supply Conditions have deteriorated internationally in the global long steel products market during the past month mainly due to Chinese supply. Although it was expected, the global long steel products market is once again facing difficulties following a period of relief lasting two to three months. Higher-priced market sparks surge in Chinese steel output The initial price increases... Read More