21
Apr
01:00
Steel Dynamics sees imports, inventory overhang lessening
With the US steel industry experiencing an inventory overhang after several months of elevated import levels, Steel Dynamics Inc. (SDI) believes the second quarter of 2015 will be transitional. The timing of a recovery is expected to be later in the quarter however than originally anticipated.
As US steel pricing declined to globally-competitive levels in Q1, SDI predicts import levels will begin to decline in the coming months, and the inventory overhang sh…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous