Tim Rocks
Tim Rocks
consumer contribute create economic expect half oil prices second slow weakness
That is an issue. We do still expect the U.S. consumer to slow down in the second half of the year, and oil prices can only contribute to that. But there is probably not enough to create significant economic weakness globally.
prices profitable
For the low-cost producers, they are very profitable now, at (steel) prices that are probably not going to fall.
demand moment price seeing steel strong view
Our view is that the steel price has bottomed for now and what you're seeing at the moment is very strong demand for steel.