MEPS STEEL NEWS
North American steel conditions
High levels of imports has not impacted on steel prices because supply from local mills has been kept in check through maintenance programmes and the prospect of reduced import volumes – particularly after the accident at CSN in Brazil. We detect negative customer sentiment about steel availability in the short term. Domestic mill order books are booming and supply shortfalls are a genuine prospect. Prices are now forecast to rise by approximately 6 percent over the next six months.