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Oil Looks to Be Down for the Long Haul

2023-12-18T21:14:45+00:00September 23rd, 2016|Tags: , , , , , , , , |

I've spent about as much time reading up on the medium term prospects for the oil market as anyone this past week to try and gauge what the market for steel castings and ductile iron castings is likely to be as we head into 2016 . A few stories that kind of sum up the picture [...]

Woe are the Commodities

2023-12-18T21:08:10+00:00September 23rd, 2016|Tags: , , , , , , , , , |

I've belabored the plight of the downtrodden oil market enough to communicate the point that the foundry world, especially as it pertains steel castings and ductile iron castings (and to some extent gray iron), is suffering under the weight of low oil prices. However, the entire commodity picture is a bleak one.  In light of the [...]