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World Steel Dynamics predicts steel price will fall dramatically.

Publication: Metal Center News
Publication Date: 01-JUL-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: World Steel Dynamics predicts steel price will fall dramatically.(METAL INDUSTRY NEWS)(Conference notes)

Article Excerpt
THE HISTORICALLY HIGH STEEL PRICES of 2008 are soon to be a thing of the past, according to Peter Marcus and Karlis Kirsis. The managing partners of World Steel Dynamics give odds of 85 percent that the price of steel will decline, and 50 percent that the price of steel will plummet in the second half of the year.

Marcus and Kirsis delivered their annual report to the 1,400-plus attendees of the Steel Success Strategies...

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