Steel products are used in everything from the construction of buildings, bridges, railway rolling stocks, industrial pipes and tanks to numerous automobile parts and Campbell's Soup cans. So when a major macro- event like a building boom increases demand, supply becomes even tighter as other industries involved in general infrastructure and development compete for the same fundamental resource. Right now, the world's "second skyscraper boom" is currently under way, and to no one's surprise, it's happening in the newest region of massive economic growth...Asia.
