Steel Prices Will Rise Throughout The Year, Says Global Insight Analyst

With steel prices hitting new highs, John Anton, director of Global Insight Steel Service, Waltham, Mass., talked to Electrical Marketing about the reasons for the unprecedented prices and his views on when they will let up. Anton has been the primary steel analyst at Global Insight since 2000.

Q: What is going on with steel prices?

A: I expected some very sizeable increases. But for sheet steel, the prices have nearly doubled since December, and they will doub

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