Material Handling Equipment - Racks, Conveyors, Carousels, Warehouse Equipment & more.
Steel buyers aren’t showing much enthusiasm for early 2009, according to a poll by Purchasing magazine, since incoming customer orders are down, manufacturing operations are depressed and prices on all raw materials have been collapsing. Though more optimistic than in November, buyers are entering the New Year with little enthusiasm about first-quarter demand or flat-rolled [...]
Entering the fourth quarter, the global economy has been negatively impacted by the crisis in the financial markets. What started out as a seasonal slowdown (due to temporary global market disruptions such as the six-month China Olympics effect and the Middle Eastern religious holidays)
has now been overwhelmed by a worldwide financial crisis that is unique [...]
US scrap prices, which have decreased significantly since August, seem to have finally bottomed out this month.
Many scrap dealers believed that the scrap transactions that took place in the beginning of November were settled at prices that were too low, and with an up-tick in export activities also observed in the first days of November, [...]
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