Steel Demand Slump Seen

By Purchasing Staff -- Purchasing, 11/13/2008 2:00:00 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%.

Average Rating:

(0)

Rate this:

Talkback

We would love your feedback!

Smart Sourcing Summit: No growth surge for steel

10/14/2009

No Quick Rebound Forecasted for Steel Prices

04/30/2009

Steel demand is weak, supply is even weaker, and prices are creeping along

11/29/2007

World steel demand to grow in 2010

10/12/2009

Steel Demand Expectations Dip

08/13/2008

Also by this author

»MORE

Featured Company

Zycus

Zycus provides global spend management solutions to more than 150 leading Fortune 1000 customers that consider spend management software, processes and technology strategic to their competitive advantage. Zycus Spend Management solutions automate... more
Summit Energy

Summit Energy is a pioneering provider of energy and sustainability management services for business and industry. Summit manages more than $20 billion annually for thousands of facilities in industries ranging from aerospace and automotive to... more
EMC

EMC Corporation is the world's leading developer and provider of information infrastructure technology and solutions for industries worldwide. EMC creates complete information environments that are reliable, efficient, and secure. The result is... more
Global Data Mining

GDM specializes in global trade data, and helps provide global trade data and enterprise-wide data solutions to help importers and exporters around the world optimize & automate global trade processes.Working closely with the Content Specialists of... more