Steel Products Prices North America
June 3, 2014
Port Storage Facilities Over-Flowing with Steel
Written by John Packard
The steel storage facilities located at ports around the United States are brimming with foreign steel. We have been advised that companies like Kinder Morgan and Fleetwood Port Services are at maximum capacity in their Houston facilities and struggling with Savannah, Camden and other port facilities.
However, that is not the major problem facing the trading companies, distributors and end users as one trading company told us this afternoon the real issue is not that you can’t get the vessels unloaded, the problem is getting trucks to move the material off the docks.
