Copying and distributing are prohibited without permission of the publisher
US HRC market still plagued by poor demand, oversupply, squeezed margins
April 29, 2013 - 16:48 GMT
hot rolled coil
Squeezed margins, lacklustre demand and oversupply issues continue to plague the US hot rolled coil market, sources have told Metal Bulletin sister title AMM.
Either a significant demand boost or a major production
outage will be necessary to trigger a turnaround, they said.
"People can’t survive like this forever. Things
will continue until capacity comes offline," a source with a
Midwest service centre said. "The industry is in need of a shot
in the arm from demand," the source added. "Things have been so
flat for the...
All material subject to strictly enforced copyright laws. ©
Euromoney Institutional Investor PLC.
Please log in using your online subscriber details.
Your username will be your registered email address with Metal Bulletin.
If you aren't a subscriber yet, feel free to take a seven day free trial, or subscribe using the instructions below.
A standard subscription include one year's worth of news and prices. You can also upgrade to a premium subscription and benefit from news and pricing data going back to 1997 plus access to our online database - MB Company Data.
Taking a free trial will give you open access to Metal Bulletin online news, prices, archived content and email alert service for the next seven days. Start your free trial today.