Rising US steel prices, global demand trends and supply chain impact

An article in the Wall Street Journal (Dec 24, 2011) describes a 25 % rise in steel prices due to increased US demand from automakers and steel pipe demand for natural gas extraction. But as demand in China decreases, and with weak demand in Europe, US imports of steel could cause price drops.  Given the differential demand trends, how should US steel manufacturers react ? What underlying trends can shift these demand patterns and impact the global steel supply chain ?

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About aviyer2010

Professor
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