Gerard Burg Quotes

These concerns also led to a reduction in speculative long positions in the futures market, resulting in less speculative support for spot prices.

- Gerard Burg

Tags

Concerns | Reduction | Speculative | Long | Positions |

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It's the constant talk of attacks and military action that are heightening tensions again and helping push up prices. We should see a bit of a rebound in Chinese consumption this year. The market is going to remain very tight. - Gerard Burg

The upward revision in prices is made tentativelygiven the lack of fundamental support for current high prices and the traditional volatility of speculative funds. - Gerard Burg

Obviously the main uncertainty in the steel market is the level of production from China. It's really the key uncertainty and that will impact on decisions made by steelmakers. - Gerard Burg