April 2012 | Steel Raw Materials
Metal Bulletin Research’s Quarterly Raw Materials and Steel Outlook for Q2 2012
On Tuesday, April 23,the MBR ferrous metals analysts held a conference call to agree on an outlook for Q2 2012.
Overall, the second quarter outlook for the major economies is relatively unchanged from the first quarter of 2012. We anticipate improved global sentiment that will bolster the economies of other industrialized and emerging economies; recent upward revisions of IMF forecasts support this view.
Downside risks arise from concerns over the sovereign debt crises in the Eurozone and its resulting effects on industrial production rates, manufacturing orders, and consumer confidence. Growth...
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