Illustration 19276996 / Dirk Erck / Dreamstime
Iillustration 19276996 / Dirk Erck / Dreamstime
Illustration 60886103 / Kheng Ho To /Dreamstime

Steel Price Hikes May End in 2Q

March 11, 2011
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 ...

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.

Jim Lucy's full summary of Anton's insights and the latest thinking on steel prices from other analysts is available for Electrical Marketing subscribers at this link: Steel Price hikes May End in 2Q