Steel Digs the Commodities Boom

Pinkham, Myra
July 2008
Metal Center News;Jul2008, Vol. 48 Issue 8, p16
Trade Publication
The article offers views from marketing executives of heavy equipment manufacturers pertaining to commodity prices. Charles Yengst of Yengst Associates states that it is high because mining companies are making a lot of money. Michael W. Sutherlin, president of Joy Global Inc., says their increase in mine production has not kept pace with the growth of commodity demand. Moreover, Chris Plummer of Metal notes that steel's price is the largest problem in mining equipment industries.


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