The alloying elements tend to be leading indicators for the condition of the steel industry. When a producer foresees subdued demand or adverse trading conditions they cut expenditure on things like HSLA elements and go to leaner inventory practices. Anyone who follows the trade of minor elements would have seen the last crash in iron ore coming a year before it hit rock bottom.
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8 | 2387728 | 0.017 |
8 | 2791875 | 0.016 |
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2 | 500000 | 0.013 |
Price($) | Vol. | No. |
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0.020 | 404607 | 6 |
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0.022 | 1380000 | 5 |
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