Is Steel Industry Robust or in Decline? Who knows
August 8, 2012 Leave a comment
Daily we get differing opinions on the strength of the steel industry as seen by these two separate articles posted in the last 24 hrs
Steel Profits Continue to Soar – China Daily
Steel Industry’s financial bubble bursts in China – American Metal Market
These articles were very representative of how diverse the opinion on the strength of the steel market is, even from Bloomberg, the Financial Post and Rueters. This creates difficulty for forecasting on sales and planning for investments. The question then for your business is which becomes the reliable sources for your future outlook?