SJF Material Handling Blog

Dwindling inventories, new orders bring life back to idled mills

By Emily Glazer, MarketWatch
SAN FRANCISCO (MarketWatch) - The U.S. steel industry, hard-pressed by a recession that wreaked havoc in its main markets and forced thousands of layoffs, can now point to several indicators supporting the contention that it’s through the worst of the downturn.
After months of [...]

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Monday, 29 Jun 2009
Industry leaders said that global steel producers are cautiously increasing production, albeit from extremely low levels, as signs emerge of modestly improving demand and recovering investor confidence.
Mr LN Mittal CEO of ArcelorMittal SA, while speaking to participants at American Metal Market’s Steel Survival Strategies conference in New York City, said that he [...]

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