December 8, 2010
The OECD Steel Committee held its 69th session last week. They’re bona fide steel nerds from government, industry associations and steel companies. They say that members and observers account for around 60% of world steel production and 76% of world exports of steel – but this looks like old data. Their declared purpose is to […]
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August 16, 2010
The four worst post-war (WWII) declines in US steel demand occurred in 1958, 1975, 1982 and last year, 2009. In the recent US Steel Q2 conference call, US Steel CEO John Surma wisely reflected, in the context of how much capacity to keep running, that some of the recent steel demand destruction could be permanent. […]
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