Traders optimistic about 2013 prospects: AIIS
Jan 07, 2013 | 05:59 PM
| Suzy Waite
Tags
survey,
AIIS,
steel traders,
hot-rolled,
cold-rolled,
steel,
Catherine Ngai
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 Steel’s (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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