Market participants mixed on steel sheet trend

Jan 23, 2014 | 05:46 PM | Catherine Ngai

Tags  steel, sheet, pricing, steel demand, steel supply, steel imports, steel service centers, resale market replacement costs

NEW YORK — An increasing number of steel sheet market participants are concerned about where pricing is headed in the coming weeks, with mixed opinions over steady business demand, the full impact of foreign steel and quiet activity on the part of  the mills.

"Frankly, things are pretty quiet out there and there’s not a lot happening," one trader said. "I personally think the (domestic) pricing has peaked." ....





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