The_dumpster_diver

Seasonality of steel is this time different?

SGX:HRF1!   None
So the effects of deflation have been hitting steel unusually hard. When tarriffs were raised to support steel most would consider pricing to be strong however pricing, demand, and sales have been negatively impacted during this period. This coming quarter is steel/industrialized metals strong season. Will demand follow or will we really see pain in the manufacturing sector. If I were a producer I would slim inventories and start paying more attention to dso/quality of customers.
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