High North American Steel Prices Could Lead To Surge In Imports Soon

摘要

Steel people spend a lot of time talking about how the industry today is truly global. Developments in one part of the world impact trading conditions everywhere. One result of this is that steel prices in the various regions tend to move in roughly the same direction at the same time. But just at present the opposite is happening. MEPS analysis shows that strip product prices in Europe are basically flat, while they are rising in North America and going down in Asia. Last month's values in these three regions were within about US10 dollars of each other. This month there is a range of almost US100 dollars per tonne between the lowest (Asia) and the highest (North America).