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June 2009 | North American Steels


Indications that the recovery will be slow


At the 24th annual Steel Survival/Success Strategies conference, the pervading theme is that the markets have reached a trough and that steel prices, especially flat products, will rise. The rate at which prices will rise and recover will be a slow one for the industry.

Indications that the recovery will be slow

At the 24th annual Steel Survival/Success Strategies conference, the pervading theme is that the markets have reached a trough and that steel prices, especially flat products, will rise. The rate at which prices will rise and recover will be a slow one for the industry. Outlined below are the three main factors that will affect the rate of recovery:

Consumers – Consumers of steel-intensive products are encountering a new reality affecting...

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