February 23, 2009
The current economic downturn has wreaked significant havoc on the global economy and on the steel industry. Not surprisingly we are all wondering “How long will this recession last and how bad will it get?” Of course, no one knows. But there are some historical precedents and while history may not provide a clear answer, […]
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February 2, 2009
The International Monetary Fund recently updated its global GDP growth forecast for 2009 and 2010. Not surprisingly, the growth projections were revised downward. So I thought I’d take the opportunity to update the graph showing the relationship between global GDP and steel demand and to refine the comments I made in a recent post using […]
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