Steel demand pick up seen sluggish at best in 2009

Newswire

By Carole Vaporean LAS VEGAS, April 28 (Reuters) - Any revival in demand for steel late this year will be sluggish at best and may not become strong until 2012, analysts told a scrap metal conference on Tuesday. "Price falls and producer margins are seen coming under increasing pressure around mid-year," Gavin Montgomery, steel analyst for CRU in London told the Institute for Scrap Recycling Industries (ISRI) convention. "Conditions could become so severe that we could see permanent ...

Premium Content (PAID Subscription Required)

"Steel demand pick up seen sluggish at best in 2009" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×