SUGAR LAND, Texas, March 28, 2017 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--Global overcapacity in the steel industry remains a major influencer for capital spending in the steel manufacturing sector; however, in the U.S., demand has improved, and steel manufacturers are increasing finished product prices and are ramping up capacity to meet regional demand. Steel mill capacity utilization is up slightly in 2017. This is mainly due to improvement in demand for non-residential construction and an uptick in oil & gas development, including drilling rig activity.
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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.
Brian Ford
(713) 980-9393
SOURCE Industrial Info Resources, Inc.
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