10
Jun
05:15
Steel prices will move off peaks: Moody's
Moody's Investors Service says steel prices globally likely peaked in 2021 but will remain high in 2022 relative to historical averages.
According to Moody's, steel prices decreased at the start of this year because replenished inventories boosted supply, and supply-chain disruptions reduced demand. The prices then surged in late March on Russia's invasion of Ukraine because both countries are sizable exporters of steel inputs such as pig iron, metall…
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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