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RT @METALMINER: May Steel Price Forecast: Iron Ore, Steel Prices on the Decline https://t.co/WG7cf3irCA pic.twitter.com/uT7JC41A2X— Modern Metals (@ModernMetalsMag) June 2, 2016
RT @METALMINER: May Steel Price Forecast: Iron Ore, Steel Prices on the Decline https://t.co/WG7cf3irCA pic.twitter.com/uT7JC41A2X
Seasonally, June is one of the worst months for the US dollar. It's going to be a hard slog.
Ryan its probably summer driving season creating better pricing conditions for the traditionally imported oil.... USD bearish... but I would add that we have added 4M bpd in domestic production over recent years so this effect might be muted these days...
Seasonally, June is one of the worst months for the US dollar. It's going to be a hard slog.
ReplyDeleteRyan its probably summer driving season creating better pricing conditions for the traditionally imported oil.... USD bearish...
ReplyDeletebut I would add that we have added 4M bpd in domestic production over recent years so this effect might be muted these days...