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Thursday, April 27, 2006

North American Steel Prices Firm Up Despite Import Threat

MEPS STEEL NEWS
increased foreign competition does not appear to be damaging US domestic mills’ ability to raise their selling prices.

As MEPS has regularly reported, North America has the world’s highest steel prices for most products. And the premiums are far from negligible [...]

Service centre inventories – in terms of months’ supply on hand – fell to a two-year low in March.

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