BLOOMBERG Bloomberg BusinessWeek January 2, 2017
, this massive oversupply they have in the steel market, and even though there has been a concerted National Domestic policy to address the glut in the steel market it hasnt , manifested. On the supply side, they are trying to trim that down. They need that to go down to have the steel price actually go up, to make this supply and demand work for an industry that has been hit hard by massive oversupply. This piece does show that by mothballing factories and by limiting production, that is having a positive impact and shows signs of progress in terms of bringing that price up and making it more...