17
Mar
14:35
Prices remain high in 2023, demand shaky: Moody's
Steelmakers will still generate historically strong earnings and cash flow in 2023, if not at the record levels of 2021-22. Economic growth and steel demand will likely weaken as the year progresses and higher interest rates mute growth in steel-consuming sectors such as autos and construction, although this will vary by region, says Moody’s.
“Demand improved in early 2023 from a 4.2% decline in 2022, with increased final sales and replenishing invento…
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Anonymous
Very good overview of the weekly steel market.
Anonymous