AIArchitect’s March 1 “Kiplinger Connection” warned:
“Don’t expect relief from skyrocketing steel prices anytime soon. In fact, they’re headed higher. By late spring, hot-rolled steel will cost $450 a ton, up from $380 now. Demand is running especially high because of huge purchases of key steelmaking materials, including coke, scrap metal, and coal, by China, Russia, Ukraine, and South Korea.”

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