Steel Price Hikes May End in 2Q

There's no rust on the steel market in early 2011, as prices are at or racing toward record levels in many steel categories. But buyers can expect the well-oiled price increases to subside soon, said John Anton, Global Insight's lead analyst for the steel market. In a March 9 Global Insight webinar, Anton said steel prices should be near their peak for 2011 and should start to decline next quarter.

All access premium subscription

Only Electrical Marketing newsletter subscribers have access to premium content.

Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.

Sign up for the Electrical Marketing newsletter to get access.

TAGS: archive
Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.