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Man of Steel

Q: WHAT IS GOING ON WITH STEEL PRICES? A: I expected some very sizeable increases. But for sheet steel, the prices have nearly doubled since December, and they will double effectively by the time they quit rising, which should be around June. Q: WHEN WAS THE LAST TIME YOU SAW INCREASES IN STEEL PRICES OF THIS MAGNITUDE? A: The price increases in 2004 essentially established a new level. Prices for almost every steel product doubled in 2004. Quite a few steel products tripled. There was a partial retreat in 2005. Q: HOW DO THESE INCREASES IN STEEL PRICES ...

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