Steel price forecast raised

Print this page Posted on : 09-29-2007 by recycleinme.com
Steel price forecasts for next year were raised by Credit Suisse Group, which rated ArcelorMittal, Evraz Group SA and Nucor Corp. as its top picks in the industry. Prices, based on hot-and cold-rolled coil and galvanized steel, will average 638 ($902) a tonne next year, compared with a previous forecast of 605 euros, analysts led by Mr. Michael Shillaker wrote in a report
Source : Business Line

Latest Scrap and Metal news
Spot rubber prices up with global market
Currency weighs on copper
Malaysia tin closes higher
Mixed trend in spot rubber
Copper hits 14-month high as equities climb
Nalco sells ingots at premium
Malaysia tin market closes higher

More Scrap and Metal news