What Recession? Steel's Poised for Profits Despite Poor Demand

Triplett, Tim
April 2008
Metal Center News;Apr2008, Vol. 48 Issue 5, p4
Trade Publication
The article reports on the views of several executives regarding the factors that contribute to higher prices of steel in the U.S. market. Steven Randall, managing director of the Steel Index for Steel Business Briefing, cites that supply limitations of steel has caused the price increase. Further, Mark Parr, managing director and equity research analyst of Keybank Capital Markets, contends that the weakened influx of imports in steel also accounts for the increase in prices.


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