Price Prognostication Gets a Thumbs Down

Triplett, Tim
January 2007
Metal Center News;Jan2007, Vol. 47 Issue 1, p10
Trade Publication
The author reflects on the Outlook Survey by the Metal Center News, a trade magazine of the metals distribution industry in the U.S. He said that the survey did a great job in evaluating the mood and direction of the steel industry. He revealed that in terms of predicting steel prices, the wisdom of service centers fall short of its expectations and the acyclic pricing environment defies prediction. He observed that service centers are vulnerable to unforeseen declines in their inventories.


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