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Re: manny t post# 4169

Monday, 04/06/2009 10:32:41 AM

Monday, April 06, 2009 10:32:41 AM

Post# of 7895
Oh yea, he's a comedian. lol. Demand for steel products is down some 60% from 9 months ago. Business is starting to resume, but let's be clear here. Finished goods STILL stuff inventories at end users, service centers, and mill warehouses.

He is correct that the last half of the year should show improvement, but only due to shedding inventory.
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