Final Thoughts
April 12, 2021
Final Thoughts
Written by John Packard
There are specific reasons for the tightness of supply that exists in the market today. Events have been in motion for the past 25 years that have culminated in the limitations of supply.
For those of you who have attended SMU Steel Summit Conferences you may recall a presentation done by Paul Lowrey, Managing Director of Steel Research Associates. Paul provided data regarding the reduction of hot strip mill capacity and projected that there would be tightness in the market (see slide from SRA presentation below).
