Steel prices expected to fall: http://online.wsj.com/article/SB10001424052748704269204575270401110245226.html
as China ramps up production:
http://online.wsj.com/article/SB10001424052748703406604575278290771237112.html
plus the WSJ has a recent article (W or Th I believe) about China seeking to unload excess steel on the global market as domestic prices fall.
Prices rose in the US & in Europe because of plant shutdowns, but have flattened now in the US. If the US gov't were willing to -- at least temporarily -- lift quotas on steel imports, that could help American homebuilders who are struggling to cut costs & make new homes affordable enough for underemployed, bankrupted, & foreclosed-on buyers. Hopefully it's enough to create new demand to the degree that builders hire/rehire more people to handle expanded production.
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