Automobile sector spurs growth in US steel

August 2, 2012 | Posted by Bureau

The automobile sector in the US has shown strong growth in recent months, compensating to some extent for the slack in the construction market which is the other major consumer of steel. During February this year, total motor vehicle sales at 15.1 million SAAR (Seasonally Adjusted Annual Rate) were at their highest level in the [...]

Category Categories: News | Tag Tags: American Institute of Architects, architecture billings index, automobile sector, construction market, economic indicator, SAAR (Seasonally Adjusted Annual Rate), US steel | No Comments »