Tool steel market sees early slowdown

Jun 28, 2013 | 04:57 PM | Thorsten Schier

Tags  tool steel, A-2, D-2, H-13, Thorsten Schier

NEW YORK — An early summer slowdown has hit the tool steel market, with participants reporting a noticeable drop in recent business.

"Usage is going way down real quick. July’s going to be horrible. It’s softened up quite bit," one West Coast distributor said, attributing the softness to a decline in drilling activity.....

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