Industrial Insight

This Week’s Indicators | October 27, 2020

Steel mill production and prices continue to rise. Copper prices are increasing and the WTI price declined and both are still in what looks like a trading range. The new steel casting estimated ratio shows the expectation that demand should be close to the levels of onwe year ago, showing that the macroeconomic indicators for steel castings suggest improving markets.

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About author

Raymond Monroe is the Executive Vice President for the steel industry trade Association, Steel Founders’ Society of America. He enjoys his crazy family including his wife, five children and their spouses, and many fun and lively grandchildren. Raymond brings more than 40 years in the industry here to share his ‘Industrial Insight’ and other current topics affecting the economic picture of our world today.







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