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World steel market showing positive trends, to grow further: TSI

Posted on 10 December 2012

World steel market is expected to grow in both consuming and exporting regions, positive trends have been observed recently in Asia, USA, China during the past two months, according to The Steel Index monthly report on steel.
The TSI report has quoted a research note from Goldman Sachs’ analysts which expects little change for HR sheet for the remainder of 2012, seeing price stability around the US$640/short ton mark with possible upside to the price in early Q1………………………………………..Full Article: Source

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VRS - who has written 36685 posts on Opalesque Commodities Briefing.


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