Saturday, May 12, 2007

Analyst - steel prices to fall in coming months

According to a report published in New Kerala earlier this week, steel industry analyst Peter Marcus considers that the world steel price will fall in coming months. For full report, see http://www.newkerala.com/news5.php?action=fullnews&id=28254.

This perspective adds to the debate concerning the medium term future of international steel prices, about which - as reported in our steel blog - there seems to be much divergence of opinion of late ...

blogger@steelonthenet.com

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3 Comments:

Anonymous Anonymous said...

I am not able to understand that when the international market is on the high on what basis will the govt reduce the domestic price in INDIA. For sir what would you give reasons for its price fall for i feel for the coming 4months there cannot be a price fall.

 11:20 AM  
Anonymous Carlo said...

What do people think of the new Arcelor Mittal brand?

http://www.arcelormittal.com/

Quite a nice little movie 'Boldness changes everything' on there

I don't work for Arcelor Mittal btw...)

 8:50 AM  
Anonymous Anonymous said...

Well, it would be good if the price comes down, as it is really effecting our business. We are Manufacturer, Supplier and exporter of Plain Carbon Steel, High Alloy Steel Castings, Manganese Steel Castings, Hi Chrome Castings, Ni-Hard Castings, SG Iron Castings, Stainless Steel Castings, Heat Resistant Cast Steel Casting. Our clients are demanding discounts and increasing price are effecting our profits. Its is really getting hard even to be at break even poin.

 9:24 AM  

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