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federal fund rate compared to service center inventory

Are carrying costs reshaping the service center market?

With uncertainty looming around future demand and steel pricing, and we navigate yet another quarter full of unique challenges, many of us are asking the same question. What role will elevated interest rates play in the demand outlook? But, have we paused long enough to ask ourselves that question in reverse? How will a prolonged high-interest rate environment impact our supply chains? I’d argue it’s being overlooked.

graph of the spending on transportation infrastructure as a percentage of GDP that compares the US to other countries