Steel beam demand said in holding pattern

Jun 11, 2013 | 06:23 PM | Frank Haflich

Tags  steel, beams, structural steel, scrap, discounts, imports

LOS ANGELES — The structural steel market continues to tread sideways, with most buyers anticipating a holding pattern through the third quarter and possibly until the end of the year.

While some beam buyers said they think demand could turn around later in the year and a few said that there has actually been an improvement, most said they expect the rest of 2013 to be flat as they await a real recovery in nonresidential construction.

"We’re hoping for steady; we’ve minimized our inventory," a Midwest distributor said. "At this point, we have no outlook for an uptick."....





Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results