Steel centers’ shipments pick up in January
Feb 18, 2014 | 06:11 PM
| Catherine Ngai
NEW YORK Business conditions and demand appear to be looking up for U.S. and Canadian steel service centers, buy- and sell-side sources said, but a number of market participants said winter weather that has affected much of the United States has hurt shipping levels and will likely continue to do so.
"The weather has really crippled transportation. I cant get things out and I cant get things in. Ive had to buy tons just to fill in last week," one manufacturing source said. "Demand wise, Im not hearing people talk about the sky falling. I think well pull out of this, and everything Im hearing on the end markets is that this year will be better and that the second half will blow up."....
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