Whether it’s the procurement department at the US ports in need of material handling equipment to avoid supply chain bottlenecks or a warehouse manager at an ironworks company with tons of steel to move, both become very concerned when they hear five short words: “Sorry, we are out of units.”
Steel buyers rejoice: Prices for the metal should continue their long-term decline over the coming months, falling some 24% below current levels to reach $710 per ton by the end of 2024.
As a city of Milwaukee department, Port Milwaukee is eligible to take advantage of financial resources that are available for current and future projects.
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