Steelmakers Worry Prices Could Hit Break-Even Thresholds ...Middle East

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Steelmakers Worry Prices Could Hit Break-Even Thresholds
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Via AG Metal Miner The Raw Steels Monthly Metals Index (MMI) fell by 2.34% from November to December. Ultimately, U.S. steel prices remain decidedly bearish. Meanwhile, hot rolled coil prices saw the most substantial decline, falling 12.6% month over month. Plate prices, on the other hand, mainly remained sideways but continued to edge slowly downward with a 2.9% decline.  Steelmakers Lob Price Hikes at Falling Steel Prices  Eager to stop the price descent, U.S. steelmakers once again announced price increases on flat-rolled products.…

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