Friday, May 04, 2007

Steel prices to fall in 2007

MEPS today suggest that flat product steel prices will be falling worldwide by end 2007. New capacity coming onstream, VAT changes and increased exports from China underly the predicted price weakness.

For original report see

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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.

 9:26 AM  

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