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Low Steel Prices
09/21/2022
Why Steel Prices Are Near Historic Lows

At first, it sounds counterintuitive: inflation leading to lower prices. But that’s precisely what’s happening in the steel industry. Inflation and uncertainty over signs of a potential recession are keeping buyers from purchasing as they normally would, lowering demand and thus lowering the prices of raw materials. Raw Material Surcharges Since raw material surcharges reflect […]

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