US steel market expects further price decline despite constructive demand: survey

Capt. John

Sentiment for finished steel prices continued to soften in May, as many buyers remained out of the spot target expecting further price declines, a S&P Global Commodity Insights US steel market survey showed. In the survey of US producers, distributors, traders and end-users, 75.8% expected finished...

https://www.spglobal.com/platts/en/market-insights/latest-news/metals/051023-us-steel-market-expects-further-price-decline-despite-constructive-demand-survey

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