Steel prices go through the roof

04/29/2008 | MarketWatch

Steel prices are heading to record highs, and the steady creeping up of prices has broken into a gallop in the past three months, according to Kenneth Simonson, chief economist for the Associated General Contractors of America. The price of hot-rolled coil steel, for instance, recently rose 72% from its peak a year ago to $1,000 per short ton.

View Full Article in:


Published in Brief: