TITLE

Price Hikes Outpacing Demand?

AUTHOR(S)
Pinkham, Myra
PUB. DATE
January 2011
SOURCE
Metal Center News;Jan2011, Vol. 51 Issue 1, p22
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the future of the steel industry despite the price increases in the U.S. It notes that the price increases trend in 2010 will continue in 2011. It suggests that Bill Sternard, vice president of purchasing for Viking Materials Inc. believes that steel product demand will remain strong despite such trend. It also stresses that the strong demand of steel products was driven by the automotive, agricultural and the construction sectors.
ACCESSION #
57627889

 

Related Articles

  • Tight Housing Market To Feed Inflation.  // Middle East Monitor: The Gulf;Apr2008, Vol. 18 Issue 4, p1 

    The article reports that a slight easing of inflation in the United Arab Emirates to an average of 7.9% year-on-year is expected, on the back of increased housing supply. The rising cost of residential and commercial property has been a source of major concern for consumers and businesses alike....

  • Inflation Rears Its Ugly Head.  // Emerging Europe Monitor: Russia & CIS;Oct2006, Vol. 10 Issue 10, p1 

    The article assesses the status of price inflation in Georgia and offers an outlook for 2006 and 2007. Prices rose by a hefty 14.5% year-on-year in July. The high annual inflation out-turn can be attributed to base effects resulting from the large price falls seen in summer 2005. This breakdown...

  • Gold To Average US$930.00/oz In 2010.  // Emerging Markets Monitor;10/5/2009, Vol. 15 Issue 26, p4 

    The article reports on the outlook for gold prices in 2009 and 2010. A period of consolidation before a renewed push higher is anticipated. Gold is predicted to average 950 U.S. dollars per ounce. The forecast for 2010 is increased to 930 U.S. dollars per tonne. However, tightening market...

  • Aluminium To Average US$2,100/tonne In 2010.  // Emerging Markets Monitor;8/30/2010, Vol. 16 Issue 21, p4 

    The article provides an outlook for the aluminum market in the U.S. in 2010. It is predicted that aluminum will average 2,100 U.S. dollars per ton and experience a marginal increase in prices in 2011. Financial analysts believe that there will be an oversupply of aluminum in the market even...

  • Little hope for 2008. Theis, Laura // Long Island Business News (7/1993 to 5/2009);1/4/2008, Vol. 55 Issue 1, p1A 

    The article reports on the economic outlook for Long Island, New York for 2008. According to the article, the region is experiencing economic trouble since 2007 due to weak job growth, tight credit and lower home values. In addition, it states that it is most likely that the area will go through...

  • Predictable price increases are expected.  // Plant Engineering;Jun2004, Vol. 58 Issue 6, p10 

    Reports on the expectation for industry prices to increase in the U.S. in 2004. Percentage of the expected increase; Prospect for the pumps industry to push through the highest average increase in product price; Indication from evidence relating to the impact of labor and energy costs on...

  • Facing the cost of tinplate. Foley, Daniel // CanTech International;Nov/Dec2004, Vol. 11 Issue 4, p13 

    Discusses the factors contributing to the price increase in steel products in Great Britain. Impact of the growing Chinese demand for steel in the industry; Effect of steel shortage of metal food container manufacturers; Reason for the continued domination of the can industry in the world...

  • Steel prices are a concern.  // ACR News: Air Conditioning & Refrigeration News;Aug2008, Vol. 24 Issue 11, p18 

    The article reports that rising steel prices in Great Britain are worrying members of the Association of Ductwork Contractors and Allied Services (ADCAS), according to a survey carried out by the Federation of Environmental Trade Associations (FETA). The survey reveals that while prices have...

  • Carbon Flat-Roll Outlook. Millet, Mark // Metal Center News;Oct2003, Vol. 43 Issue 11, p25 

    Reports on the status of several carbon flat-roll producers in North America as of October 2003. Reasons behind increases in flat-roll prices; Condition of the demand for flat-rolls; Expectations of some carbon flat-roll distributors about the condition of the steel market.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics