Purchasing - January 17, 2002
Features
Look for more shifts in mini-mill supply
John Correnti, the chief executive of Birmingham Steel in Alabama, isn't just "whistling Dixie" when he says: "We expect business conditions in the steel industry to remain challenging through the first half of 2002." Steelmakers saw a dramatic 16% contraction in sales last year, and prices fell to twenty-year lows.
John Correnti, the chief executive of Birmingham Steel in Alabama, isn't just "whistling Dixie" when he says: "We expect business conditions in the steel industry to remain challenging through the first half of 2002." Steelmakers saw a dramatic 16% contraction in sales last year, and prices fell to twenty-year lows.
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