TITLE

Bullish Price Predictions: Perhaps Wishful Thinking?

AUTHOR(S)
Triplett, Tim
PUB. DATE
January 2006
SOURCE
Metal Center News;Jan2006, Vol. 46 Issue 1, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Editorial
ABSTRACT
The article focuses on a survey conducted to determine metal prices in the U.S. in the coming year. Seventy percent of respondents to the survey say that steel prices may not increase or edge up a bit in the coming year. The prices of aluminium increased during the course of the year as demand remained especially strong in the aerospace sector. Similarly, there was an increase in the market price of copper in 2005, and many service center executives who sell red metals remark that prices may increase or at least stay the same in 2006. The American Institute for International Steel claims that continued strong end-use demand and the relatively high prices in the U.S. market, may lead to an increase in import levels in 2006.
ACCESSION #
19780332

 

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