STEEL producers see a glimpse of recovery
June 27th, 2009 at 08:33am Tom McDunn
The Steel Index (TSI) reports that steel stocks are ticking up in weekly and monthly price movements. “Sheet products averaged a 5.8% increase, week on week (w-on-w), and 5.6% month-on-month (m-on-m). Plate prices also increased by a little over a percentage point. ” Delivery times are moving out with stock levels decreasing as demand increases. See the full report at www.thesteelindex.com .
Entry Filed under: Economy


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