Steel Price Hikes May End in 2Q

There's no rust on the steel market in early 2011, as prices are at or racing toward record levels in many steel categories. But buyers can expect the well-oiled price increases to subside soon, said John Anton, Global Insight's lead analyst for the ...
March 11, 2011

There's no rust on the steel market in early 2011, as prices are at or racing toward record levels in many steel categories. But buyers can expect the well-oiled price increases to subside soon, said John Anton, Global Insight's lead analyst for the steel market. In a March 9 Global Insight webinar, Anton said steel prices should be near their peak for 2011 and should start to decline next quarter.

Jim Lucy's full summary of Anton's insights and the latest thinking on steel prices from other analysts is available for Electrical Marketing subscribers at this link: Steel Price hikes May End in 2Q

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Doug Chandler, Senior Staff Writer

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Doug Chandler began writing about the electrical industry in 1992, and still finds there's never a shortage of stories to be told. So he spends his days finding them and telling them. Educationally, he's a Jayhawk with an English degree. Outside of work, he can often be found banging drums or harvesting tomatoes.