SBQ to weather US capacity boost: Plummer
May 08, 2012 | 03:20 PM
| Corinna Petry
CHICAGO Domestic producers of engineered bar products are not as vulnerable as they were in the past to a serious supply-demand imbalance due to a lowered cost structure, a steel industry analyst says.
Although U.S. engineered bar capacity is on track to increase some 15 percent by 2015, robust physical demand is expected to help keep the market largely in balance, Christopher Plummer, managing director of West Chester, Pa.-based Metal Strategies Inc., told attendees at AMMs 5th Automotive Metals Conference in Dearborn, Mich., this past week.
Demand for engineered bar, also known as special bar quality (SBQ), is coming primarily from the North American light vehicle and heavy truck sectors.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.