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  • Steel Demand Slump Seen

    By Purchasing Staff -- Purchasing, 11/13/2008 7:00:00 AM

    Steel demand may be facing a four year decline, suggests Tony Taccone at First River Consulting in a recent speech in Pittsburgh. With metalworking activity projected to be weak, "we could have three or four years of declining steel demand" in the range of 5–15%.

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