Industrial Insight

Shipments improved this week… steel casting ratio over 30%…. | December 23, 2020

All indicators correlated with steel casting shipments improved this week giving a steel casting shipment ratio up over 30% from last December. Steel prices continue to rise sharply and production has increased. Copper prices are high and oil prices are up approaching $50 a barrel.

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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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