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Bullish price predictions: perhaps wishful thinking?

Publication: Metal Center News
Publication Date: 01-JAN-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: Bullish price predictions: perhaps wishful thinking?(FROM THE EDITOR)(survey expect metals prices )(Editorial)

Article Excerpt
DESPITE SOME ECONOMIC INDICATORS to the contrary, the majority of service center executives polled for MCN's latest Outlook survey expect metals prices to remain at or above current, very attractive prices in 2006.

Seventy percent of respondents to the survey--the subject of this month's cover story--expect steel prices to stay the same or edge up a bit in the coming year. On the heels of two record-setting years, and with basic hot-band selling at over $550 a ton--still well above...

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