In my past few columns, I’ve mentioned how the current upcycle reminds me in some respects of 2021. Inventories are getting dangerously low. (Sheet stocks are at their lowest point since May 2021!) Lead times remain extended. And mills have few spot tons available. (The ‘a’ word – “allocation” – is being kicked around.)
Michael Cowden is a managing editor at Steel Market Update. He has covered the steel industry since 2007, specializing in flat-rolled steel while also reporting on long products, pipe and tube, and aluminum. Cowden's insights into manufacturing, supply chain logistics, and commodities markets have made him a notable voice in the field, and he is featured in Steel Market Update.
