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Don't get too comfy in that catbird seat.

Publication: Metal Center News
Publication Date: 01-JUL-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: Don't get too comfy in that catbird seat.(FROM THE EDITOR)

Article Excerpt
STEEL PRODUCERS AROUND THE GLOBE are in the catbird seat when it comes to today's sky-high metal prices, but they best not get too comfortable there, warns analyst Peter Marcus. Contrary to the prevailing view that market conditions will sustain steel in $1,000 per ton territory for some time to come, Marcus and World Steel Dynamics expect steel prices to drop on the world market in the second half, perhaps precipitously.

Speaking at the Steel Success Strategies conference last month in New York City,...

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