網頁The World Steel Association says it expects steel demand to recover in 2024 to 1,717 million metric tons, an increase of 3.8 percent compared with 2024. With this in mind, Boyd Metals has been proactively anticipating a return to normalcy, and we are currently in a great position to continue supporting our customers in the first quarter and beyond. 網頁2024年2月23日 · The benchmark price for hot-rolled steel hit $1,176/ton this month, its highest level in at least 13 years. Soaring prices are driving up costs and squeezing …
Global Steel Price Rally Will Be Short-Lived - Fitch Ratings
網頁2024年4月6日 · 6th April 2024. The shortage of stainless steel coil and sheet in Europe has renewed market discussion surrounding the European Commission’s (EC’s) safeguard quotas. Initially, a number of industry representatives requested that import volumes be tightened, in response to the pandemic-induced slump in demand, witnessed during the … 網頁2024年12月7日 · Steel mills are currently unable to fulfill increasing demand from areas like the automobile industry, due to shutdowns at the beginning of the COVID-19 pandemic … bob and you
Terrible Stainless Steel Shortage: Jobs at risk
網頁2024年4月10日 · Published: 10 Apr 2024. Northwest European coil market observers diverge over whether the supply disturbances at ArcelorMittal Spain and France, as well as Tata Steel’s IJmuiden works will necessarily mean shortages. Concerns are mainly being expressed from buyers of domestic qualities that cannot easily be replaced by imports. 網頁2024年10月7日 · At one point, steel prices were 300% above their pre-pandemic levels at more than $1,900 per ton. Before the pandemic, steel priced between $500 per ton and … Phil Gibbs, director of metals equity research at KeyBanc Capital Markets, agreed that steel prices are at unsustainable levels. “This would be like $170-a-barrel oil. At some point, people will say, ‘F this, I’m not going to drive, I will take the bus,’” Gibbs told CNN Business. “The correction will be very intense. It’s … 查看更多內容 Steel is just the latest shortage to hit the US economy as it recovers from a pandemic that scrambled supply chains and set off sharp shifts in demand. … 查看更多內容 The good news, for steel buyers at least, is that analysts say all of the US steel production capacity that was idled during the pandemic has returned. That’s … 查看更多內容 Of course, those predicting a steel downturn may be underestimating the strength of the global economic recovery. A longer lasting boom could lift steel … 查看更多內容 bob and wine