Traders optimistic about 2013 prospects: AIIS
Jan 07, 2013 | 05:59 PM
| Suzy Waite
NEW YORK Steel traders appear somewhat optimistic about market conditions in the coming months, with many anticipating an increase in finished steel sheet imports, but many continue to see oversupply as a major setback to growth.
Those sentiments were reflected in the American Institute for International Steels (AIIS') December market survey, with all respondents expecting an increase in cold-rolled sheet and corrosion-resistant steel imports in the next two months, while 73 percent expect an increase in hot-rolled sheet imports. ....
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