Two words: summer doldrums. We have heard about them and lived through them before, but this time it’s different. They came later and lasted longer than usual. The unusual buying pattern by Turkish steelmakers adds to an already uncertain market, but when they return, they’re positioned well for a pleasant rebound.
The first half of the year is over, and now the focus is to finish the second half strong. July and August sales are already underway. We’ve seen a slight uptick since June and, based on summer almost being over, I think we can expect better times ahead.Read More
Greg Schnitzer , President of the BIR Ferrous Division