Eric Starks and Todd Tranausky discuss auto production and what a shutdown will mean for steel.
This Q&A response from the FTR Experts came from our May webinar "North America's Recovery Runs Through Rail." View the video and the key takeaways below.
Key Takeaways:
- High prices cure high prices, they and everything else will return to a stable place once automotive production ramps up.
- With limited steel supply, car types such as box cars that use a lot of steel are going to face challenges in their production and will call for creativity when presenting quotes for pricing.