Steelmakers need not fear LNG exports: analyst

Nov 12, 2013 | 03:39 PM | Catherine Ngai

Tags  CRU, liquefied natural gas, LNG, natural gas, Steve Mehltretter, A.T. Kearney, Catherine Ngai

CHICAGO — Steelmakers' fears concerning the potential disruptive effects of exporting natural gas from the United States—which would then reduce supply and increase pricing—should be set aside given the international economics at play, according to one analyst.

"One of the wild cards that has been talked about, and that people are somewhat uncertain about, is liquefied natural gas (LNG) and how exports may disrupt domestic supply of natural gas and more importantly, the pricing we’re seeing right now," Steve Mehltretter, a partner at Chicago-based consultancy firm A.T. Kearney and head of its metals and mining practice for the Americas, told....

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