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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...
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