Posted December 2017
The global steel market is, on balance, doing well. Prices are up in most regions because demands continue to improve. We see this as part of a virtuous economic cycle of better demand leading to better employment and margins feeding back into better demands, etc. It has taken almost 10 years to recover from the 2008-9 global recession and we hope that trend continues. It seems that 2018 is shaping up to be a good year if we can keep the hot spots cooled and the incendiary rhetoric muffled. Time will tell.
As we close out 2017, we wish all our correspondents a joyful holiday season filled with family and friends and may your 2018 be a successful year.
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