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Gaurav Chhibbar

As seen in: The Fabricator
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Articles

Shortfalls in Scrap Metal Will Challenge the Steel Industry

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By Janice Lee, Nicole Voigt, Gaurav Chhibbar
The global supply of carbon steel scrap is in a losing battle against demand growth. This crisis has been in the making for many years, and the pattern will continue unabated. According to a BCG analysis, global scrap demand will increase at about a 3.3% compounded annual growth rate (CAGR) over the next eight years, while supply will rise at only about 3% CAGR.
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The steel price slide might be ending

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By John Packard, Tim Triplett Verified, Gaurav Chhibbar
| The Fabricator Verified
Announced price hikes have jolted the market February 14, 2019 By John Packard, Tim Triplett As of mid-February, the direction of steel prices in the near term was almost as big a mystery as prices in the future. (For companies looking for a way to get a better handle on possible steel price increases or minimizing risk in their steel supply chain, see the sidebar What Does the Future Say About Steel Prices?).
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