Wednesday, March 20, 2019

Looking Ahead, Part 1: A Surprising Outlook for Steel Prices in 2020

According to Bank of America Research Analyst Timna Tanners, Steelmageddon™ looms on the horizon due to massive planned capacity increases in the U.S. steel industry. Her analysis indicates the equivalent of around a 20% capacity increase when aggregating investments across companies and production methodologies over the next few years. Due to the massive ramp-up, the...

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from Metal Prices – Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner https://agmetalminer.com/2019/03/20/looking-ahead-part-1-a-surprising-outlook-for-steel-prices-in-2020/

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