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Metals Meltdown

New year rally: Is the horror show over for steel markets?

January 22, 2016 (6:41 mins)



Chris Davis, Peter Brennan, & Sebastian Lewis

The year started off with some degree of positivity for the steel markets. Mills in Europe and the United States pushed for price increases at the end of 2015, while Chinese producers increased offers that triggered a brief rally in the markets.

In this post-festive season reunion of the Three Kings of Metals Meltdown, Chris Davis, Peter Brennan and Sebastian Lewis give the market a reality check: why are prices strengthening and, more importantly, is this upward movement sustainable?


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