The owner of the center, Oxford Development, said in a statement Monday that events at the center after June 1 have been provided notice of the closure.
After lagging behind the broader commodity rally to start the year, steel prices in the US are soaring as Russia’s invasion of Ukraine threatens to choke off imports from key suppliers.
Prices slumped about 30 percent in the first two months of this year, even as the commodity indices hit new highs.
A dropoff in demand at the end of last year and higher domestic production had producers warning of catching a “falling knife,” with CEOs at the largest producers saying customers from automakers to appliance manufacturers were not booking as many orders.
That has all changed with Russia’s invasion. While prompt
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