The Shape of the Recovery
There is a lot of talk about how the US economy will emerge from recession. One thing is sure, the manufacturing sector in the US is still sluggish. The question is, will it continue to crawl along, fall back into recession or bounce out quickly? According to an article in Recycling Today, over a third of manufacturers and steel service centers surveyed believe we will see a fall back before we see full recovery. So, what are your thoughts?
September 24th, 2009 at 12:05 pm
It appears to me that the current metals market recovery is based more on enthusiasm and perhaps a little bargain hunting, than any real demand or increase in production.
I think we are overdue for another reality check.
September 26th, 2009 at 5:25 am
Everything I’m seeing is pretty much in agreement with mikew.