July 2011 | Coated Steels
Coated prices drift down: Latest analysis
Negative factors weigh on US prices. Weakness in the euro negates import advantages to the Eurozone. Chinese export prices have seen small falls.
The US HDG market was looking for direction this month, with producers reluctant to sell at the softening offer prices. There are a number of negative factors weighing down our US price forecasts, both globally and domestically, for example both residential and non-residential construction continues to struggle. This poor buying...
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