How Did We Get Here? The Macroeconomics of Steel Supply Chains The U.S. steel market came under significant pressure in 2022 due to weakened manufacturing and housing indicators. Two consecutive quarters of negative growth and persistently high supply kept many buyers hesitant, worried they’d be stuck with overpriced inventories if the downturn intensified. Early in…
The Economics of the Steel Industry: How Inflation, Recession & Global Events Affect the Market
Read More →