Global Steel Prices Primed For Double-Digit Rise
“U.S. mills appear to be busy with delivery lead times stretching out to early April. Customers need to replenish stocks and there is a lack of imported steel at present, although this could change later in the year,” according to MEPS. “Canadian mills have solid forward order books. Transaction prices continue to advance at a rapid rate as delivery lead times move out to April,” the assessment continued.