Steel going nowhere

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David Hanick
David Hanick

So, you checked the AISI figures–What’s your conclusion? I would guess that a keen observer of the obvious would conclude that the ferroalloy markets have not turned the corner. I’m a neophyte here so be kind. At what capability utilization rate does the ferroalloy market turn the corner? What can the industry do? Cut capacity, the denominator or increase production and sales the numerator?